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GFI — Gold Fields News Story

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Gold miners gain as easing oil prices, weaker US dollar boost bullion

BUZZ-Gold miners gain as easing oil prices, weaker US dollar boost bullion

Updates

** Shares of gold miners gain, tracking rise in bullion prices GOL/

** Spot gold XAU= up 2.2% at $4,356.04 per ounce, rebounding from a near six-week low hit during previous session, supported by easing oil prices and a lower U.S. dollar, while investors assessed the latest Federal Reserve rate hike and policy cues

** Top miners Newmont NEM.N and Barrick Gold ABX.TO each up ~3%

** U.S.-listed shares of South African miners Gold Fields GFI.N rise 3.4%, Harmony Gold HMY.N jump 3.9%, AngloGold Ashanti AU.N gain 2.7% and Sibanye-Stillwater SBSW.N up 4.6%

** Canadian miners Agnico Eagle Mines AEM.TO rises 3.4% and Kinross Gold K.TO adds 3%


(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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