Gold miners dip as bullion prices edge lower

Kinross Gold

17/02/2026 15:39

Updates

** Shares of gold miners down, tracking decline in bullion prices GOL/

** Spot gold XAU= down 1.9% at $4,896.09/ounce

** Gold prices fall as signs of progress in U.S.–Iran talks drove investors away from safe-haven assets, while a stronger U.S. dollar added to the pressure to sell

** The U.S. dollar index .DXY rose 0.5% against a basket of currencies, making bullion priced in the currency more expensive for overseas buyers USD/

** Top miners Newmont NEM.N and Barrick Mining ABX.TO fall 5.5% and 4.4%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N, AngloGold Ashanti AU.N, Harmony Gold HMY.N and Sibanye Stillwater SBSW.N lose between 5.6% and 8.9%

** Canadian miners Agnico Eagle Mines AEM.TO dip 2.5% and Kinross Gold K.TO fall 4.5%

 (Reporting by Pooja Menon in Bengaluru)

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