BUZZ-Gold miners fall as bullion prices edge lower on rate hike bets
GDX•Mining shares decline
Top miner Newmont NEM.N and Barrick Mining ABX.TO were down 1.4% and 1.3%, respectively.
U.S.-listed shares of South African miners AngloGold Ashanti AU.N, Harmony Gold HMY.N and Sibanye Stillwater SBSW.N declined between about 1% and 2%.
Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO were each down about 1%.
Gold miners track lower bullion prices
Shares of gold miners fell, tracking lower bullion prices.
Spot gold XAU= was down 0.6% at $4,446.58/ounce, on track for a mild weekly decline.
Jobs data lifts rate-hike expectations
Gold prices fell after stronger-than-expected U.S. jobs data boosted expectations that the Federal Reserve could raise interest rates as soon as this month, denting non-yielding bullion's appeal.
Bullion was down more than 2%, hitting an intraday low of $4,364.99/ounce, after the data.
