BUZZ - Gold mining stocks rise as gold prices edge higher
路透社2026/10/26 16:06Latest Updates
October 26 - ** Shares of gold mining companies rise, following the upward movement of precious metal prices GOL/
** Spot gold XAU= increased by 0.6%, quoted at $4,016.37 per ounce, after hitting $3,975 per ounce on Friday, its lowest level since July 20
**Gold prices rose (link), rebounding from the more than three-month lows set in the previous session, as retreating oil prices eased inflation concerns ahead of this week’s Federal Reserve meeting
** Leading mining companies Newmont Corporation NEM.N rose about 1%, and Barrick Gold ABX.TO rose 1.1%
**US-listed shares of South African mining companies — Gold Fields GFI.N, Harmony Gold HMY.N, AngloGold Ashanti AU.N and Sibanye-Stillwater SBSW.N — increased by approximately 1% to 2.1%
** Canadian mining companies Agnico Eagle Mines AEM.TO rose 1.5%, and Kinross Gold K.TO increased about 1%
(For the convenience of non-English speakers, Reuters has automated the translation of its reports into several other languages. Because automated translation may contain errors or lack needed context, Reuters does not guarantee the accuracy of translated texts. Automated translations are provided purely for reader convenience. Reuters assumes no responsibility for any harm or loss arising from the use of automated translation features.)
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
Chip giant makes a move in the quantum track: Intel (INTC.US) acquires startup Classiq to build a full-stack quantum business
Intel has announced the acquisition of Israeli quantum startup Classiq for an undisclosed amount, with the deal expected to be completed in the first half of 2027. Liwu Chen stated that they will develop a full-stack quantum computing business.
$17 billion acquisition emerges: DoorDash (DASH.US) in advanced talks to acquire Instacart, official announcement expected as early as this week
DoorDash plans to acquire Instacart's parent company Maplebear for approximately $17 billions, with an official announcement expected as early as this week. Maplebear shares rose 7.9%, while DoorDash fell 6.1%. The negotiations may fall through.
Fed and ECB decisions fall a day apart for a Euro under 1.12
Strong demand for AI chip design! Cadence Design Systems (CDNS.US) Q3 revenue up 22% year-on-year, full-year guidance raised
Kongteng Electronics reported Q3 revenue of $1.633 billions, representing a year-on-year increase of 22%, higher than the $1.339 billions recorded in the same period last year.
