(Updates)
Shares of gold miners gain, tracking rising prices of the bullion
Spot gold was up 1.5% at $4,992.27 per ounce
Prices rise as weaker than expected U.S. inflation data reignited hopes for Federal Reserve rate cuts this year, offsetting concerns from stronger than expected jobs data earlier in the week
Top miners Newmont (NEM.N) and Barrick Mining (ABX.TO) gain 3.7% and 1.7%, respectively
U.S.-listed shares of South African miners Gold Fields (GFI.N) up 4.5% and AngloGold Ashanti (AU.N) gains 3.1%
Canadian miners Kinross Gold (K.TO) 3.1% and Agnico Eagle Mines (AEM.TO) climbs 2.4%

Shares of gold miners rose as spot gold prices increased by 1.5% to $4,992.27 per ounce, driven by weaker-than-expected U.S. inflation data that renewed hopes for Federal Reserve rate cuts. Major miners like Newmont and Barrick Mining saw gains of 3.7% and 1.7%, respectively, while South African miners Gold Fields and AngloGold Ashanti rose by 4.5% and 3.1%. Canadian miners Kinross Gold and Agnico Eagle Mines also experienced increases of 3.1% and 2.4%.

Reuters

Kinross Gold

AngloGold Ashanti

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Abacus Global

Agnico Eagle Mines

SD-GOLD

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iShares MSCI Global Gold Miners

Pro Ultr GLD

Strategy Shares Gold-Hedged Bond ETF

Roundhill Gold Miners Weeklypay ETF

SPDR Gold Shares

iShares Gold Trust

Us Gbl GLD & Met

Abrdn Gold ETF Trust

SPDR S&P Mtls & Mng

Sprott Active Gold & Silver Miners ETF

Wisdomtree Efficient Gold Plus Gold Miners Stgy Fd - ETF

VanEck Gold Miners ETF

VanEck Junior Gold Miners ETF

Sprott GLD Miners Etf

BUZZ-Gold miners gain after bullion rises as soft inflation data rekindles Fed rate cut hopes