Gold miners dip after bullion retreats from all-time high
19/08/2024 13:26
** Shares of gold miners fall premarket, tracking prices of
the bullion GOL/
** Spot gold XAU= down 0.4% at $2,496.46/ounce and U.S.
gold futures GCcv1 fall 0.1% at $2,534.80/ounce, after hitting
an all-time high above $2,500/ounce in the previous session due
to strong safe haven demand and expectations for a Federal
Reserve rate cut next month
** Top miners Newmont NEM.N and Barrick Gold GOLD.N fall
0.64% and 0.61%, respectively
** U.S.-listed shares of South African miners Gold Fields
GFI.N , Harmony Gold HMY.N and AngloGold Ashanti AU.N down
1.31%, 2.35% and 2.35%, respectively
** Shares of Canadian miners Agnico Eagle Mines AEM.N and
Kinross Gold KGC.N fall 0.64% and 0.76%, respectively, in the
United States
(Reporting by Pooja Menon)
((Pooja.Menon@thomsonreuters.com;))