Gold miners fall as Trump delays EU tariffs

MAC Copper

27/05/2025 16:23

Updates

** Shares of gold miners fall, tracking a dip in gold prices GOL/

** Spot gold XAU= down 1.3% at $3,298.09/ounce

** Prices of the safe-haven metal slipped as risk sentiment improved following U.S. President Donald Trump's decision to postpone tariffs on the European Union

** Top miner Newmont NEM.N down ~1%

** U.S-listed shares of South African miners Gold Fields GFI.N dips 3.6%, AngloGold Ashanti AU.N down 1.2% and Sibanye Stillwater SBSW.N falls 1.1%

** U.S.-listed shares of Harmony Gold HMY.N down 8.2% after co agreed to buy Australian miner Mac Copper Ltd MTAL.N for $1.03 billion

** Canadian miner Kinross Gold K.TO down 1.3%

 (Reporting by Sumit Saha in Bengaluru)

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