Gold miners fall as strengthening dollar hurts bullion prices – 11/11/2024 at 11:56

Gold miners fall as strengthening dollar hurts bullion prices – 11/11/2024 at 11:56
Gold miners fall as strengthening dollar hurts bullion prices – 11/11/2024 at 11:56

((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

November 11 – ** Shares of US-listed gold miners fall ahead of market, as gold prices decline for second session GOL/

**Spot gold Federal Reserve takes cautious approach under US President-elect Donald Trump's administration

**A stronger US dollar makes the precious metal less attractive to holders of other currencies

** Major mining companies Newmont NEM.N and Barrick Gold GOLD.N lost 1% and 1.2% respectively

** U.S.-listed shares of South African mining companies Gold Fields GFI.N fall 2.9%, Harmony Gold HMY.N falls 3.6% and AngloGold Ashanti AU.N loses 2.5%

** U.S.-listed shares of Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N fell 0.6% and 1%, respectively.

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