BUZZ-Gold miners drop as bullion falls on dollar strength despite safe-haven demand

Reuters
2026.03.03 10:15
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U.S.-listed shares of gold miners fall premarket, tracking a decline in gold prices (GOL/) Spot gold (XAU=) down 0.8% at $5,283.87/ounce, as a stronger dollar outweighs safe-haven demand from the escalating U.S.-Israeli air war against IranTop miners Newmontand Barrick Miningdown 3.3% and 3.1%, respectivelySouth African miners Gold Fieldsfalls 7.4%, Sibanye Stillwaterdown 10.2%, Harmony Golddeclines 3.8%, and AngloGold Ashantidown 7.3%Canadian miners Agnico Eagle Minesfalls 3.1% and Kinross Golddips 3.2%