Gold miners fall as bullion prices edge lower on stronger US dollar

By Reuters News

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

** Spot gold down 1.9% at $4,278.10/ounce as hawkish Fed signals bolstered rate-hike expectations, powering the US dollar and weighing on non-yielding bullion

** Dollar at a two-month high makes greenback-priced bullion more expensive for holders in other currencies USD/

** Top miners Newmont NEM.N and Barrick Mining ABX.TO lose 4.2% and 3.5%, respectively

** South African miners Gold Fields , AngloGold Ashanti AU.N, Harmony Gold and Sibanye Stillwater drop between 5.8% and 8.1% each

** Canadian miners: Agnico Eagle Mines AEM.TO dips 4%; Kinross Gold K.TO, falls 4.2%

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.