Gold miners rise on US debt concerns, Fed rate cut expectations

Franco-Nevada

13/11/2025 10:19

Nov 13 - ** U.S.-listed shares of gold miners climb, tracking a rise in prices of the precious metal premarket
** Spot gold XAU= up 0.8% at $4,233.15/ounce, while U.S. gold futures GCv1 rise 0.6% to $4238.10/ounce on expectations that the U.S. government reopening would increase debt levels, while delayed economic data could bolster the case for a Federal Reserve rate cut next month GOL/
** Top gold miners Newmont NEM.N and Barrick Mining ABX.TO, B.N climb 1.6% and 1.8%, respectively
** U.S.-listed shares of South African miners Gold Fields GFIJ.J, GFI.N up 2.7%, AngloGold Ashanti ANGJ.J, AU.N up 3%, Harmony Gold HARJ.J, HMY.N up 5.6% and Sibanye Stillwater SSWJ.J, SBSW.N up 2.4%
** U.S.-listed shares of Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N climb 2.3% and 1.8%, respectively

 (Reporting by Tanay Dhumal in Bengaluru)

 ((Tanay.Dhumal@thomsonreuters.com;  Twitter: https://twitter.com/TanayDhumal))