BUZZ - Driven by a weaker US dollar and declining yields, gold mining stocks rise
路透社2026/10/15 14:02Latest Updates
October 15 - ** Boosted by rising gold prices, gold mining companies' share prices climb GOL/
** Spot gold XAU= rose 1.3%, to $4,156.52 per ounce
** Gold prices (link) rose more than 1%, likely to end a three-day losing streak, thanks to a weaker dollar and falling U.S. Treasury yields; although inflation data was better than expected, market expectations for a Federal Reserve rate hike this month remain low
** Major mining companies Barrick Mining ABX.TOB.N and Newmont NEM.N rose by 1.1% and 1%, respectively
** South African mining companies Harmony Gold HMY.N, Gold Fields GFI.N, and Sibanye Stillwater SBSW.N saw their U.S.-listed shares gain 2.5%, 2.2%, and 1.6%, respectively
** Canadian mining companies Agnico Eagle Mines AEM.TOAEM.N and Kinross Gold K.TOKGC.N saw their share prices climb 1.5% each
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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