Gold miners slide as bullion falls to 4-month low

Kinross Gold

23/03/2026 08:46

** U.S.-listed shares of gold miners fall premarket, as bullion drops over 5% to a four-month low GOL/

** Spot gold XAU= down 5.4% at $4,245.79 per ounce, as an escalating Middle East conflict stoked inflation concerns and raised expectations of higher global interest rates

** Top miners Newmont NEM.N down 6.1% and Barrick Mining ABX.TO, B.N down 5.4%

** South African miners: Harmony Gold HARJ.J, HMY.N, Gold Fields GFIJ.J, GFI.N and Sibanye Stillwater SSWJ.J, SBSW.N down 4.6%, 6% and 8.6%, respectively

** Canadian miners: Agnico Eagle Mines AEM.TO, AEM.N down 5.7% and Kinross Gold K.TO, KGC.N down 6.9%

(Reporting by Vallari Srivastava in Bengaluru)

((Srivastava.Vallari@thomsonreuters.com;))