Gold miners rise as bullion prices edge higher
GLD•U.S.-listed gold miners rose premarket as spot gold gained nearly 0.7% to $4,020.05 an ounce, after hitting its lowest level since mid-July in the previous session.
1. Miners advance
Newmont and Barrick Gold each gained 1.4%. Gold Fields, Harmony Gold, AngloGold Ashanti and Sibanye-Stillwater rose between 2.8% and 3.2%, while Agnico Eagle Mines gained 3.3%. Softer oil prices tempered inflation concerns as investors awaited the Federal Reserve’s policy decision later this week.
