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BUZZ - Boosted by falling oil prices, gold prices are slightly up, and shares of gold mining companies are rising accordingly

BUZZ - Boosted by falling oil prices, gold prices are slightly up, and shares of gold mining companies are rising accordingly

路透社路透社2026/11/02 11:07
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- ** Share prices of US-listed gold mining companies rose in pre-market trading, following the upward trend of precious metal prices GOL/

** Spot gold XAU= rose 0.6% to $3,898.19 per ounce, after closing down 3.6% on Friday and hitting its lowest level since October 2025

** Gold prices (link) rebounded after hitting a one-year low in the previous trading session, as falling oil prices eased some inflation concerns, while investors shifted their focus to the US midterm elections this week and their broader impact on fiscal policy

** Major mining companies Newmont Corporation NEM.N and Barrick Gold ABX.TO, B.N rose 1.3% and 1.4% respectively

** South African mining companies Gold Fields (GFI.N), Harmony Gold (HMY.N), AngloGold Ashanti (AU.N), and Sibanye-Stillwater (SBSW.N) gained between 1.4% and about 3%

** Canadian mining companies Agnico Eagle Mines (AEM.TO, AEM.N) rose 1.6%, and Kinross Gold (K.TO, KGC.N) gained about 2%


(To assist non-native English speakers, Reuters has automated the translation of its reports into several other languages. As automated translation may be inaccurate or lack the required context, Reuters does not guarantee the accuracy of the automated translation, which is provided solely for the convenience of readers. Reuters accepts no liability for any harm or loss arising from use of the automated translation function.)

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智通财经•2026/11/02 11:44