Gold, silver miners fall as precious metal prices slip on stronger US dollar

Kinross Gold

05/02/2026 16:07

Updates

** Shares of gold and silver miners down, tracking falling prices of the metals GOL/

** Spot gold XAU= down 2.9% at $4,816.75/ounce and spot silver XAG= down 15.5% at $74.40/ounce

** Gold and silver prices slid as a stronger U.S. dollar and easing geopolitical tensions weighed on sentiment, after a brief rebound failed to steady markets following one of the steepest selloffs in decades

** Top miners Newmont NEM.N and Barrick Mining ABX.TO down 5.5% and 7.7%, respectively

** South African miners Gold Fields GFI.N, Sibanye Stillwater SBSW.N, AngloGold Ashanti AU.N and Harmony Gold HMY.N decline between 2.4% and 8.2%

** Silver miners Hecla Mining HL.N down 8% and Coeur Mining CDE.N falls 7%

** Canadian miners Endeavour Silver EDR.TO falls 10.9%, Silvercorp Metals SVM.TO down 8.7%, Agnico Eagle Mines AEM.TO dips 6.5% and Kinross Gold K.TO down 5.6%

 (Reporting by Pooja Menon in Bengaluru)

 ((Pooja.Menon@thomsonreuters.com;))