Gold miners gain after bullion rises as soft inflation data rekindles Fed rate cut hopes

Kinross Gold

13/02/2026 15:10

Updates

** Shares of gold miners gain, tracking rising prices of the bullion

** Spot gold was up 1.5% at $4,992.27 per ounce

** Prices rise as weaker than expected U.S. inflation data reignited hopes for Federal Reserve rate cuts this year, offsetting concerns from stronger than expected jobs data earlier in the week

** Top miners Newmont NEM.N and Barrick Mining ABX.TO gain 3.7% and 1.7%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N up 4.5% and AngloGold Ashanti AU.N gains 3.1%

** Canadian miners Kinross Gold K.TO 3.1% and Agnico Eagle Mines AEM.TO climbs 2.4%

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))