BUZZ-Gold miners gain as bullion prices hit record high on safe-haven demand

Updates

** Shares of gold miners jump, as bullion prices hit a lifetime high GOL/

** Spot gold XAU= up 1.4% at $2,796.15/ounce, hitting its record high level at $2,798.24/ounce earlier in the session

** Gold prices rose on safe-haven demand due to U.S. tariff threats, while the focus was also on a crucial inflation report for clues on the Federal Reserve's policy path

** Top miner Newmont NEM.N up 3.5% and Barrick Gold ABX.TO up 4.6%

** U.S.-listed shares of South African miners Gold Fields GFI.N up 4.2%, Harmony Gold HMY.N rises 3.5%, AngloGold Ashanti AU.N up 4.9%, Sibanye Stillwater SBSW.N rises 6.1%

** Shares of Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO up 3.8% and 3.2%, respectively