BUZZ - Gold mining stocks rise as gold prices edge higher

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October 26 - ** Shares of gold mining companies rise, following the upward movement of precious metal prices GOL/

** Spot gold XAU= increased by 0.6%, quoted at $4,016.37 per ounce, after hitting $3,975 per ounce on Friday, its lowest level since July 20

**Gold prices rose (link), rebounding from the more than three-month lows set in the previous session, as retreating oil prices eased inflation concerns ahead of this week’s Federal Reserve meeting

** Leading mining companies Newmont Corporation NEM.N rose about 1%, and Barrick Gold ABX.TO rose 1.1%

**US-listed shares of South African mining companies — Gold Fields GFI.N, Harmony Gold HMY.N, AngloGold Ashanti AU.N and Sibanye-Stillwater SBSW.N — increased by approximately 1% to 2.1%

** Canadian mining companies Agnico Eagle Mines AEM.TO rose 1.5%, and Kinross Gold K.TO increased about 1%

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