Shares of gold companies are trading lower amid a drop in gold prices.
Portfolio Pulse from Benzinga Newsdesk
Shares of gold companies are trading lower due to a decrease in gold prices.
August 04, 2023 | 9:28 am
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NEGATIVE IMPACT
AngloGold Ashanti's shares are likely trading lower due to the drop in gold prices.
As a gold mining company, AngloGold Ashanti's share price is directly influenced by the price of gold. The drop in gold prices is likely causing a decrease in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Gold Fields' shares are likely trading lower due to the drop in gold prices.
As a gold mining company, Gold Fields' share price is directly influenced by the price of gold. The drop in gold prices is likely causing a decrease in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Sibanye Stillwater's shares are likely trading lower due to the drop in gold prices.
As a gold mining company, Sibanye Stillwater's share price is directly influenced by the price of gold. The drop in gold prices is likely causing a decrease in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100