Gold miners slide as Fed hike bets weigh on bullion

By Reuters News11:41 (UTC), 29 October 2026 Updated

** US-listed shares of gold miners down premarket, tracking lower bullion prices GOL/

** Spot gold falls 0.9% to $4,030.77 an ounce as sticky inflation fuels expectations of a Fed rate hike later this year, with investors awaiting US inflation data for clues on the central bank's policy path.

** Top miner Newmont NEM.N down 1.4%

** South African miners: Gold Fields , AngloGold Ashanti AU.N and Harmony Gold fall between 1.1% and 1.6%

** Canadian miners: Agnico Eagle Mines falls ~2%, Kinross Gold down 2.9%

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