Gold miners slip as dollar, Treasury yields edge higher

HarMoney

28/11/2022 17:21

(Updates)
    ** Shares of gold miners slip, tracking a fall in the
precious metal's price
    ** Gold prices slip as the dollar and U.S. Treasury yields
edge up from session lows  GOL/ 
    ** Spot gold  XAU=  is down 0.6% at ~$1,745 per ounce and
U.S. gold futures  GCv1  fall 0.6%
        ** Dollar  =USD  recoups losses after falling to a near
two-week low earlier in the session, making greenback-priced
metals more expensive for other currency holders  USD/ 
  
        ** Benchmark U.S. 10-year bond yields  US10YT=RR  also
edge up from a near two-month low  US/ 
  
    ** Top gold miners Barrick Gold Corp  ABX.TO ,  GOLD.K  and
Newmont Corp  NEM.N  down 1.7% and 2.3%, respectively
    ** U.S.-listed shares of South African miners Sibanye
Stillwater Ltd  SSWJ.J ,  SBSW.N , Gold Fields Ltd  GFIJ.J ,
 GFI.N , AngloGold Ashanti Ltd  ANGJ.J , AU.N  and Harmony Gold
Mining Company Ltd  HARJ.J ,  HMY.N  fall 0.2%-3.2%
    ** U.S.-listed shares of Canadian miners Agnico Eagle Mines
 AEM.TO ,  AEM.N , Yamana Gold  YRI.TO , AUY.N  and Kinross Gold
 K.TO   KGC.N  slide between 0.5% and 3.4%
 (Reporting by Arshreet Singh and Shristi Achar A in Bengaluru)
 ((Arshreet.Singh@thomsonreuters.com;
Shristi.AcharA@thomsonreuters.com))