Gold miners fall as precious metal hits more than two-week low

NovaGold Resources

23/04/2024 09:55

** Shares of gold miners fall premarket, tracking prices of
the yellow metal that hovered close to its lowest since April
5 GOL/ 
    ** Spot gold  XAU=  down 1% at $2,302.02/ounce amid easing
concerns of an escalation in the Middle East crisis and
profit-taking
    ** Top miners Newmont  NEM.N  and U.S. shares of Barrick
Gold  ABX.TO   GOLD.N  fall 1.2% and 1.7%, respectively
    ** U.S.-listed shares of South African miners Sibanye
Stillwater  SBSW.N   SSWJ.J , Gold Fields  GFI.N   GFIJ.J ,
Harmony Gold  HMY.N   HARJ.J  and AngloGold Ashanti  AU.N 
 ANGJ.J  drop between 1.7% and 3.8% 

 (Reporting by Seher Dareen in Bengaluru)
 ((Seher.Dareen@thomsonreuters.com;))