AngloGold Ashanti is trading 4.01% down at $100.23 after gold prices eased on September 14 as higher oil prices increased expectations for a Federal Reserve rate hike.
- Spot gold slipped 0.3%, while U.S. gold futures dropped 0.8%.
- Broader risk-off sentiment, including weaker U.S. futures, is adding pressure.
- A September 10 BMO downgrade to Market Perform may also be weighing on sentiment; it is not a new announcement.