🔴 Gold Fields is trading 4% down in pre-market as weaker bullion prices pressure miners

Gold Fields is trading at $44.51, down -4.00%, after renewed pressure on gold miners from weaker bullion prices, higher Treasury yields, and increased expectations for a September Federal Reserve rate hike.

• Spot gold was down 0.3% at $4,437.10 on September 1, while traders awaited U.S. jobs data.
• Broader risk-off sentiment weighed on equities, with Nasdaq futures down 0.98%.