Gold miners rise on weaker dollar, easing Treasury yields

Kinross Gold

10/03/2026 10:01

** U.S.-listed shares of gold miners rise, tracking higher prices of the yellow metal GOL/

** Spot gold XAU= rises 1% to $5,189.24 per ounce

** Gold prices gain as inflation fears recede after oil fell following U.S. President Donald Trump's remarks that the Middle East war could "end soon", while a weaker U.S. dollar and easing Treasury yields also provided support

** The dollar fell 0.6% to a one-week low, making greenback-priced bullion cheaper for holders of other currencies

** Top miners Newmont NEM.N and Barrick Mining ABX.TO up ~1% and 1.5%, respectively

** South African miners also gain: Gold Fields GFIJ.J, GFI.N rises 1.5%, Harmony Gold HARJ.J, HMY.N advances 2.1% and Sibanye Stillwater SSWJ.J, SBSW.N 2.5%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N inch up ~2% and 1%, respectively

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))