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BUZZ - Gold price falls to an 11-month low, driving down gold stocks

BUZZ - Gold price falls to an 11-month low, driving down gold stocks

路透社路透社2026/10/30 13:52
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- ** Gold mining stocks fall, tracking decline in gold prices GOL/

** Spot gold XAU= drops (link) 2.2% to $3,933.56 per ounce, after previously hitting the lowest level since November 2025

** Gold prices declined as expectations for further U.S. interest rate hikes increased, driven by rising crude oil prices and continued inflation concerns

** Leading mining companies: Newmont Mining NEM.N fell 3.4%, Barrick Gold ABX.TO dropped 3.8%

** U.S.-listed South African mining companies: Gold Fields GFI.N, AngloGold Ashanti AU.N, and Harmony Gold HMY.N declined between 5.7% and 6.1%

** Canadian mining companies: Agnico Eagle Mines AEM.TO lost 4.2%, Kinross Gold K.TO fell 4.1%


(To facilitate non-native English speakers, Reuters automatically translates its reports into several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the translated text and provides it solely for the convenience of readers. Reuters bears no responsibility for any damage or loss caused by the use of the automated translation feature.)

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