SPX5,654.92+21.85 0.39%
DIA420.86+1.27 0.30%
IXIC17,568.58+118.69 0.68%

BUZZ-Gold miners gain as bullion prices edge up

Reuters·03/19/2025 19:09:07
Listen to the news
BUZZ-Gold miners gain as bullion prices edge up

** Shares of gold miners up as bullion prices edge higher, hovering near all-time highs GOL/

** Spot gold XAU= up 0.4% at $3,047.26/ounce, after hitting an all-time high of $3,045.24/ounce earlier in the session

** Gold prices rose after the U.S. Federal Reserve kept rates unchanged, as widely expected, and indicated a reduction in borrowing costs by half a percentage point by the end of this year

** Top miners: Newmont NEM.N up ~1% and Barrick Gold ABX.TO rises marginally

** U.S.-listed shares of South African miners: Gold Fields GFI.N up 3.1%, AngloGold Ashanti AU.N rises ~4%, Sibanye Stillwater SBSW.N up ~5% and Harmony Gold HMY.N rises 1.5%

** Shares of Canadian miner Kinross Gold K.TO up 1.5%


(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))