BUZZ - Gold price falls slightly due to a stronger U.S. dollar, and gold miner stocks decline accordingly
路透社2026/09/23 14:36Latest Updates
September 23 - ** Gold mining company shares fall as gold prices declineGOL/
** Spot gold XAU= dropped by 1.9%, to $2,278.10 per ounce, as the Federal Reserve’s hawkish signals (link) reinforced expectations of interest rate hikes, strengthening the US dollar and putting pressure on the non-yielding gold price
** The US dollar rose to a two-month high, making dollar-denominated gold more expensive for investors holding other currencies USD/
** Leading mining companies Newmont Mining NEM.N and Barrick Gold ABX.TO fell by 4.2% and 3.5%, respectively
** South African mining companies Gold Fields GFI.N, AngloGold Ashanti AU.N, Harmony Gold HMY.N, and Sibanye Stillwater SBSW.N all saw share prices fall between 5.8% and 8.1%
** Canadian mining companies: Agnico Eagle Mines AEM.TO dropped 4%; Kinross Gold K.TO, KGC.N fell by 4.2%
(To facilitate non-native English speakers, Reuters has automatically translated its reports into several other languages. Automated translation may contain errors or may not capture the necessary context, so Reuters does not guarantee the accuracy of automated translations. These translations are provided solely for readers’ convenience. Reuters accepts no responsibility for any damage or loss arising from use of the automated translation function.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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