Gold miners gain ground as bullion prices hit two-week high – 12/09/2024 at 4:55 p.m.

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

(Updates)

December 9 – ** Gold miner stocks rise as bullion prices hit two-week highs, climbing more than 1% GOL/

** Spot gold anticipation of an interest rate cut from the US Federal Reserve next week

** Mining majors Newmont NEM.N and Barrick Gold ABX.TO rose 2.9% and 3%, respectively.

**US-listed shares of South African mining companies Gold Fields GFI.N up 5.4%, Harmony Gold HMY.N up 8.2% and AngloGold Ashanti AU.N up 4% .2%

**Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO up 3.7% and 3.2%, respectively