Gold miners rise as bullion prices edge higher on lower oil prices

By Reuters News12 hours ago Updated

** US-listed shares of gold miners gain premarket, tracking rise in prices of the precious metal GOL/

** Spot gold up 0.6% at $3,898.19/ounce, having ended 3.6% lower and hit its lowest since October 2025 on Friday

** Gold prices rebound after hitting a one-year low in the previous session, as a drop in oil prices eased some inflation concerns, while investors turned their focus to this week's US midterm elections and their broader impact on fiscal policies

** Top miners Newmont NEM.N, Barrick Gold ABX.TO, up 1.3% and 1.4%, respectively

** South African miners Gold Fields , Harmony Gold , AngloGold Ashanti AU.N and Sibanye-Stillwater gain between 1.4% and ~3%

** Canadian miner Agnico Eagle Mines AEM.TO, adds 1.6% and Kinross Gold K.TO, rises ~2%

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