Gold miners climb as weak US data boosts rate cut expectations

Royal Gold

10/11/2025 10:07

** U.S-listed shares of gold miners climb in premarket trade after the precious metal rose 2%

** Spot gold XAU= up 2% at $4,078.54 an ounce, as weak U.S. economic data bolstered expectations for a Federal Reserve rate cut next month, while a softer dollar lent further support to bullion GOL/

** Gold, which offers no yield, tends to perform well in a low-interest-rate environment

** Top miners Newmont NEM.N and Barrick Mining B.N rise 3.2% and 3.5%, respectively

** Royal Gold RGLD.O up 3.3%, while Anglogold Ashanti AU.N gains 4.5%

** Kinross Gold KGC.N gains 3.3%

 (Reporting by Arunima Kumar in Bengaluru)

 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94 ;))