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Apr 21 - 11:55 AM

Gold - Miners Rise As Bullion Edges Up On Weaker Dollar

By Vallari Srivastava and Katha Kalia  —  Apr 21 - 10:01 AM

(Updates)

• Shares of gold miners rise tracking gains in prices of the bullion [GOL/]

• Spot gold up 2.6% at 3,415.39/ounce, supported by a weaker U.S. dollar, while uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion

• A weaker dollar makes bullion more appealing for other currency holders

• Shares of top miners Newmont and Barrick Gold

up 3.2% and 2.9%, respectively

• U.S.-listed shares of South African gold miners Gold Fields , Harmony Gold and Sibanye Stillwater

up between 3.1% and 3.6%

• Canadian miners Kinross Gold and Agnico Eagle Mines up 2.5% and 2.4%, respectively

(Reporting by Vallari Srivastava and Katha Kalia in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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