Gold miners, palladium ETFs rise as weaker dollar supports bullion

GT Resources

15/06/2022 16:10

(Updates)
    ** Shares of gold miners and palladium ETFs climb as dollar
weakness lifts prices of precious metals ahead of Fed rate hike
decision  urn:newsml:reuters.com:*:nL4N2Y229S
    ** Spot gold  XAU=  was up 1.2% at $1,829.99/oz as of 1225
GMT (0825 ET), while U.S. gold futures  GCv1  were up 1.1% to
$1,832.70/oz  GOL/ 
    ** Palladium  XPD=  gain 1.2% to $1,836.85/oz; platinum
 XPT=  advance 2.1% to $939.88/oz
    ** U.S.- and Canada-listed shares of Barrick Gold  GOLD.N 
 ABX.TO  edge up 0.5% and 0.6%, respectively
    ** U.S.- and Canada-listed shares of Kinross Gold  KGC.N 
 K.TO  jump 1.7% each; completes divestment of Russian assets at
half the previously announced price  urn:newsml:reuters.com:*:nL4N2Y22OV
    ** Newmont  NEM.N  gains 0.7%
    ** U.S.-listed shares of South African miners Sibanye
Stillwater  SSWJ.J ,  SBSW.N , Anglogold Ashanti  ANGJ.J ,
 AU.N , Gold Fields  GFIJ.J ,  GFI.N , Harmony Gold  HARJ.J ,
 HMY.N  climb 1.5%-4.6%
    ** U.S.- and Canadian shares of Yamana Gold  AUY.N   YRI.TO 
add 0.2% each
    ** Palladium One  PDM.V  up 3.6%
    ** abrdn Physical Palladium Shares ETF  PALL.P , Sprott
Physical Platinum and Palladium Trust  SPPP.P , and abrdn
Physical Precious Metals Basket Shares ETF  GLTR.P  rise
1.4%-2.2%

 (Reporting by Ruhi Soni in Bengaluru)
 ((Ruhi.Soni@thomsonreuters.com;
Twitter: https://twitter.com/ruhithere;))