BUZZ - Driven by a weaker US dollar and declining yields, gold mining stocks rise
路透社2026/10/15 14:02Latest Updates
October 15 - ** Boosted by rising gold prices, gold mining companies' share prices climb GOL/
** Spot gold XAU= rose 1.3%, to $4,156.52 per ounce
** Gold prices (link) rose more than 1%, likely to end a three-day losing streak, thanks to a weaker dollar and falling U.S. Treasury yields; although inflation data was better than expected, market expectations for a Federal Reserve rate hike this month remain low
** Major mining companies Barrick Mining ABX.TOB.N and Newmont NEM.N rose by 1.1% and 1%, respectively
** South African mining companies Harmony Gold HMY.N, Gold Fields GFI.N, and Sibanye Stillwater SBSW.N saw their U.S.-listed shares gain 2.5%, 2.2%, and 1.6%, respectively
** Canadian mining companies Agnico Eagle Mines AEM.TOAEM.N and Kinross Gold K.TOKGC.N saw their share prices climb 1.5% each
(To assist non-English speakers, Reuters provides automated translations of its reports into several other languages. Automated translation may contain errors or lack necessary context, and Reuters does not guarantee the accuracy of the translated text. It is provided solely for reader convenience. Reuters accepts no liability for any harm or loss arising from the use of the automated translation feature.)
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.
You may also like

Pyth Network Price Prediction: Can PYTH’s Breakout Reach $1.15?

Bailey speech: Too early to form strong views on the strength of 2nd round effects

15.49 trillion! BlackRock's assets under management have reached half of the US GDP
BlackRock recorded net inflows of $205 billions in the third quarter, with revenue rising 19% year-on-year to $7.75 billions. The flagship iShares ETF attracted more than $135 billions, while net inflows for private credit increased by $5 billions quarter-on-quarter. CEO Larry Fink stated that the company is entering the fourth quarter with accelerating momentum and solid reserves in the private market and pension fund businesses. However, Moody's warned that risks are still accumulating in the private credit market under the high interest rate environment.