Gold miners fall as hot US inflation data boosts Fed hike bets

By Reuters News

** Shares of gold miners fall, tracking lower prices of bullion GOL/

** Spot gold down 1.5% at $4095.16/ounce

** Prices fall as a stronger-than-expected inflation reading increased US Federal Reserve rate hike bets for this month.

** Top miners Barrick Mining ABX.TO, and Newmont NEM.N fall 1.5% and 1.7%, respectively

** South African miners: Harmony Gold , Gold Fields and Sibanye Stillwater down 1.6%, 0.8% and 2.6%, respectively

** Canadian miners Agnico Eagle Mines AEM.TO, dips 2.2%, Kinross Gold K.TO, down 1.6%

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk