BUZZ-Gold miners rise after Fed lowers interest rates
Reuters · 1d ago
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** Gold miners rise, tracking higher prices of the precious metal
** Spot gold =XAU jumps to a record high of $2,591/ounce as dollar retreats after Federal reserve cuts interest rates by 50 basis points GOL/
** Top gold miners rise; Newmont NEM.N rises 2.9% and Canada's Barrick Gold ABX.TO up 1.6%
** U.S.-listed shares of South African miners AngloGold Ashanti AU.N, Gold Fields GFI.N, Harmony Gold Mining HMY.N and Sibanye Stillwater SBSW.N up between 1.5% and 4.5%
** Canadian miners Agnico Eagle Mines AEM.TO, Franco-Nevada FNV.TO and Kinross gold K.TO rise between 2.1% and 2.5%
(Reporting by Sourasis Bose in Bengaluru)
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