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BUZZ-Gold miners rise tracking safe-haven demand for bullion

ReutersJan 10, 2025 10:54 AM

** U.S.-listed shares of gold miners jump premarket, tracking a rise in prices of bullion GOL/

** Spot gold XAU= up 0.4% at $2,680.59/ounce after hitting its highest level since Dec. 13 earlier in the session

** Gold prices scaled a four-week peak driven by safe-haven demand amid uncertainties over President-elect Donald Trump's policies, while markets awaited jobs data for clues on the trajectory of U.S. interest rates

** Top miners Newmont NEM.N and Barrick Gold GOLD.N up 1.5% and 1.4%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N up 4.2%, Harmony Gold HMY.N rise 6.4%, AngloGold Ashanti AU.N up 3.7% and Sibanye Stillwater SBSW.N rise 1.4%

** U.S.-listed shares of Canadian miners Agnico Eagle Mines AEM.N and Kinross Gold KGC.N up 1.3% and 1.8%, respectively

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com))

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