November 16, 2016 / 4:37 PM / 10 months ago

BUZZ-Gold stocks: Precious metal slips as dollar hits 14-yr high

** U.S.-listed shares of gold miners were down as dollar climbed to 14-year high against basket of currency

** Gold has shed more than $100 per ounce from last Wednesday’s post-election high due to sharp rise in bond yields and burgeoning appetite for risk.

** Metal is also expected to feel pressure from imminent hike in U.S. interest rates

** Spot gold was down 0.2 percent at $1,225.96 an ounce

** U.S. gold futures for December delivery were up $2.40 an ounce at $1,226.90.

** Gold miners: McEwen Mining Inc down 7.9 pct, Harmony Gold Mining Company Ltd 7.2 pct, Gold Fields Ltd 6.3 pct, IAMGOLD Corp 2 pct, Freeport-McMoRan Inc 2.4 pct

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