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Golden minors drop while gold prices reach their lowest level in two weeks – 01/05/2025 at 12:46

Golden minors drop while gold prices reach their lowest level in two weeks – 01/05/2025 at 12:46
Golden minors drop while gold prices reach their lowest level in two weeks – 01/05/2025 at 12:46

((Translation automated by Reuters, please consult the non-responsibility clause https://bit.ly/rtrsauto))))

May 1 – ** The stocks listed on the stock for gold extraction companies fall at the start of the market, following the drop in gold prices

** Gold in xau = dropped from 2.1 % to $ 3,219.57

** The price of gold has dropped to its lowest level in two weeks, penalized by the increase in the US dollar and the signs of appeasement of trade tensions which have reduced the attraction of gold as a refuge value

** The strength of the US dollar makes the ingot more expensive for buyers with other currencies

** The main mining companies Newmont Nem.n and Barrick Gold Abx.TO, Gold.N fall each by 3%

** Anglogold South minors ashanti at 5.6%, Harmony Gold Hmy.n dives 5.1% and Sibaneye Stillwater SBSW.N decreases 2.6%

** Canadian minors Agnico Eagle Mines Aem.TO, Aem.N down 2.8% and Kinross Gold K.TO, Kgc.n down 3.1%

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