Gold miners down as dollar firms, peace talks falter

Kinross Gold

13/04/2026 14:59

Updates

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

** Spot gold XAU= down 0.4% at $4,728.59/ounce

** Bullion prices decline pressured by a stronger dollar and the collapse of U.S.-Iran talks over the weekend, which fueled inflation concerns and clouded the outlook for future interest rate cuts

** Top miners Newmont NEM.N and Barrick Mining ABX.TO  fall 2% and 1.2% respectively

** U.S. listed shares of South African miners: Gold Fields GFI.N, AngloGold Ashanti AU.N down 1.3% and ~1% respectively and Harmony Gold HMY.N inches down ~1%

** Canadian miners: Agnico Eagle Mines AEM.TO dips 1.5% and Kinross Gold  K.TO slips 1.2%

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))