Gold miners rise on softer dollar
GLD•U.S.-listed gold miners rose premarket as the dollar eased. Barrick Mining and Newmont gained 1.7% and 1.6%, respectively, while Harmony Gold and Gold Fields each rose 3.4%.
1. Miners advance premarket
U.S.-listed gold miners rose premarket as the dollar eased. Spot gold was up 1.2% at $4,153.07 an ounce, rebounding from a one-week low hit in the previous session as investors assessed the likelihood of a Federal Reserve rate increase this month after a hot inflation report. Sibanye Stillwater gained 1.7%, while Agnico Eagle Mines and Kinross Gold each advanced 1.6%.
