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Gold miners rise on softer dollar, lower yields

BUZZ-Gold miners rise on softer dollar, lower yields

Updates

** Shares of gold miners rise, tracking higher bullion prices GOL/

** Spot gold XAU= up 1.3% at $4,156.52/ounce

** Prices climb more than 1%, looking set to snap three sessions of losses, supported by a weaker dollar and lower US Treasury yields, while expectations of a Federal Reserve rate hike this month remained subdued despite hotter-than-expected inflation data

** Top miners Barrick Mining ABX.TO, B.N and Newmont NEM.N rise 1.1% and 1%, respectively

** US listed shares of South African miners Harmony Gold HMY.N, Gold Fields GFI.N and Sibanye Stillwater SBSW.N rise 2.5%, 2.2% and 1.6%, respectively

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N advance 1.5% each


(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))

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