Gold miners gain as bullion prices recover on Middle East concerns

Kinross Gold

05/05/2026 16:19

** Shares of gold miners rise, tracking a rise in bullion prices GOL/

** Spot gold XAU= up 1.3% at $4,581.56 an ounce after touching its lowest level since March 31 on Monday

** Prices gain as investors assessed a fragile Middle East truce and the conflict's potential impact on inflation and interest-rate expectations

** Top miners Newmont NEM.N and Barrick Mining ABX.TO up 1.8% and 1.5%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N, AngloGold Ashanti AU.N, Harmony Gold HMY.N gain between 1.4% and 1.6%

** Canadian miners: Agnico Eagle Mines AEM.TO up marginally and Kinross Gold K.TO rises ~1%

 (Reporting by Sumit Saha in Bengaluru)

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