Gold miners dip as bullion prices fall below $5,000/oz

Kinross Gold

30/01/2026 10:16

** U.S.-listed shares of gold miners down premarket, tracking decline in bullion prices GOL/

** Spot gold XAU= down over 8% at $4,958.34/ounce

** Gold prices slid below $5,000/ounce on speculation that the U.S. Federal Reserve could get a more hawkish chair, though the metal remained on track for its strongest monthly gain since 1999 on safe-haven demand

** Top miners Newmont NEM.N down 8.3% and Barrick Mining ABX.TO, B.N dips 10.4%

** South African miners Gold Fields GFI.N down 8.8%, AngloGold Ashanti AU.N falls 9.2%, Harmony Gold HMY.N declines 10.2% and Sibanye Stillwater SBSW.N loses 9.8%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N dips 10.6% and Kinross Gold K.TO, KGC.N down 10.2%

 (Reporting by Pooja Menon in Bengaluru)

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