Gold miners gain as bullion notches record high on Fed rate cut bets

Kinross Gold

14/01/2026 10:08

** U.S.-listed shares of gold miners rise premarket, tracking a gain in price of bullion GOL/

** Spot gold XAU= up 1% at $4,632.03/ounce, after hitting a record high of $4,639.42 earlier in the session

** Prices gain as softer-than-expected U.S. inflation readings cemented bets for interest rate cuts amid ongoing geopolitical uncertainty

** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N up 1.3% and 1.6%, respectively

** South African miners Harmony Gold HMY.N climbs 1.4%, Gold Fields GFI.N rises 1.8% and Sibanye Stillwater SBSW.N gains 3.9%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N up 1.9% each

(Reporting by Katha Kalia in Bengaluru)

((katha.kalia@thomsonreuters.com))