Gold miners fall as bullion prices sink on hawkish Fed tone

Kinross Gold

19/03/2026 09:26

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

** Spot gold XAU= down 2% at $4,717.99/ounce, its lowest since Feb 6

** Bullion prices dip, weighed down by a stronger dollar and a hawkish Federal Reserve, which limited hopes for near-term interest rate cuts

** Top miners Newmont NEM.N and Barrick Mining  B.N down ~6% and 5.3% respectively

** South African miners Gold Fields GFI.N down 7.9%, Harmony Gold  HMY.N falls 5.8%, AngloGold Ashanti AU.N dips 8.5% and  Sibanye Stillwater  SBSW.N decline 9.1%

** Canadian miners Agnico Eagle Mines AEM.N falls 4.9% and Kinross Gold KGC.N decline 5.3%

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))