Picture of Newmont logo

NEM — Newmont News Story

0.000.00%
us flag iconLast trade - 00:00
Basic MaterialsBalancedLarge CapNeutral

Gold miners rise as bullion prices touch two-week highs

BUZZ-Gold miners rise as bullion prices touch two-week highs

** US-listed gold miners rise premarket as gold prices touch two-week high

** Spot gold XAU= rises 1.9% to $4,136.60 per ounce, touching its highest since October 22 GOL/

** Gold prices extend post-US midterm election rally as US dollar and Treasury yields weaken, while a sharp drop in oil prices eases inflation concerns

** US-listed shares of South African miners Gold Fields GFI.N, AngloGold Ashanti AU.N and Harmony Gold HMY.N gain between 1.8% and 6.3%

** US-listed shares of Canadian miner Kinross Gold KGC.N gains 2.3%, while Agnico Eagle Mines AEM.N up 2.6%

** Newmont NEM.N and Barrick Mining B.N, among the biggest US-listed gold miners by market capitalization, up 2.5% and 2.1%, respectively

**Diversified precious-metals miner Sibanye Stillwater SBSW.N advances 5.1%

** SPDR Gold Shares ETF GLD.N up 1.7%


(Reporting by Jayasree Prabhu)

((Jayasree.Prabhu@thomsonreuters.com))

Recent news on Newmont

See all news