Gold miners gain as bullion prices rise on soft jobs data, Fed comments

Kinross Gold

01/07/2026 15:32

** Shares of gold miners gain, as bullion prices rise more than 2% GOL/
** Spot gold XAU= up 2.1% at $4,093.26 per ounce, after hitting its lowest level since November in the previous session
** Gold prices rise after softer-than-expected jobs data and comments from U.S. Federal Reserve Chair Kevin Warsh that suggested inflation risks have eased
** Top miner Newmont NEM.N up 2.4%
** U.S.-listed shares of South African miners: Gold Fields GFI.N rises 4.6%, Harmony Gold HMY.N jumps 3.5%, AngloGold Ashanti AU.N gains 3.6% and Sibanye Stillwater SBSW.N adds 3.9%
** Canadian miner Agnico Eagle Mines AEM.TO rises ~1%

 (Reporting by Pooja Menon in Bengaluru)
 ((Pooja.Menon@thomsonreuters.com;))