BUZZ-Gold miners gain as bullion prices continue record rally
ReutersFeb 10, 2025 3:30 PM
Updates
Shares of gold miners jump as bullion prices continue their record rally GOL/
Spot gold XAU= up 1.7% at $2,909.54/ounce, after hitting a record high of $2,910.99/ounce earlier in the session
Gold prices broke through the key $2,900/ounce level for the first time, driven by safe-haven demand as U.S. President Donald Trump's new tariff threats amplified trade war and inflation concerns
Top miner Newmont NEM.N and Barrick Gold ABX.TO up 3.5% and 3.2%, respectively
U.S.-listed shares of South African miners Gold Fields GFI.N up 5.3%, Harmony Gold HMY.N rises 3.5%, AngloGold Ashanti AU.N up 6%, Sibanye Stillwater SBSW.N rises 2.6%
Shares of Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO up 2.4% and 2.1%, respectively
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