Gold miners rise as bullion prices edge higher on weaker US dollar
GDX•Gold miners track higher bullion prices
Shares of gold miners gain, tracking rise in bullion prices GOL/.
Spot gold XAU= up 1.3% at $4,414.61 per ounce as the U.S. dollar remained under pressure, while investors awaited key inflation data this week that would provide clues to the Federal Reserve's monetary policy amid an oil price rally.
Mining stocks move higher across regions
Top miners Newmont NEM.N, Barrick Gold ABX.TO up 2.4% and 1.4%, respectively.
U.S.-listed shares of South African miners Gold Fields GFI.N rise marginally, Harmony Gold HMY.N jump 3.2%, AngloGold Ashanti AU.N gain 1.4% and Sibanye Stillwater SBSW.N adds 1.8%.
Canadian miners Agnico Eagle Mines AEM.TO rise 1.3% and Kinross Gold K.TO add ~1%.
