BUZZ-Gold miners fall as bullion prices slide on strong US jobs report
Gold miners' shares decline as bullion prices drop following a strong U.S. jobs report. Spot gold fell 0.5% to $4,062.41 per ounce. Newmont and Barrick Gold shares fell 5% and ~4%, respectively. U.S.-listed South African miners Gold Fields, Harmony Gold, and AngloGold Ashanti saw declines between 6.4% and 3.3%. Canadian miners Agnico Eagle Mines and Kinross Gold dipped 3.9% and 4%.
Shares of gold miners fall, tracking a decline in bullion prices (GOL/)
Spot gold (XAU=) down 0.5% at $4,062.41 per ounce
Bullion prices edged lower as investors digested the September U.S. jobs report, which showed stronger-than-expected employment figures and dampened prospects of a December rate cut
Top miners Newmont (NEM.N) and Barrick Gold (ABX.TO) fall 5% and ~4%, respectively
U.S.-listed shares of South African miners Gold Fields (GFI.N) , Harmony Gold (HMY.N) and AngloGold Ashanti (AU.N) decline between 6.4% and 3.3%
Canadian miners Agnico Eagle Mines (AEM.TO) and Kinross Gold (K.TO) dip 3.9% and 4%, respectively
