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BUZZ-Gold miners gain as bullion prices edge up on safe-haven demand

ReutersFeb 18, 2025 6:48 PM

Shares of gold miners gain, tracking a rise in bullion prices GOL/

Spot gold XAU= up 1.1% at $2,931.75/ounce, after hitting a record high of $2,942.70/ounce last week

Gold prices rise as concerns over economic growth due to uncertainty surrounding U.S. President Donald Trump's tariff plans prompted safe-haven flows

Top miners Newmont NEM.N and Barrick Gold ABX.TO up 1.9% and 1.8%, respectively

U.S.-listed shares of South African miner Gold Fields GFI.N up 1.3%

Canadian miner Agnico Eagle Mines AEM.TO rises 1%

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