Gold miners rise as US dollar, yields edge lower

Franco-Nevada

30/05/2024 16:34

** Shares of gold miners rise as prices of the bullion edge
higher  GOL/ 
    ** Spot gold  XAU=  up 0.17% at $2,342.69/ounce, supported
by a fall in the U.S. dollar and Treasury yields
    ** A weaker U.S. dollar makes gold less expensive for other
currency holders
    ** Top miners Newmont  NEM.N  and Barrick Gold  ABX.TO  both
up marginally
    ** U.S.-listed shares of South African miners Gold Fields
 GFIJ.J   GFI.N , Harmony Gold  HARJ.J   HMY.N , AngloGold
Ashanti  ANGJ.J   AU.N , and Sibanye Stillwater  SSWJ.J 
 SBSW.N  gain between 1.2% and 2.8%
    ** Canadian miners Kinross Gold  K.TO , Franco-Nevada
 FNV.TO  and Agnico Eagle Mines  AEM.TO  rise between 0.9% and
1.3%

 (Reporting by Vallari Srivastava in Bengaluru)
 ((Srivastava.Vallari@thomsonreuters.com;))