BUZZ - Gold price falls slightly due to a stronger U.S. dollar, and gold miner stocks decline accordingly

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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%

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