BUZZ-Gold miners gain as bullion prices hit record high on tariff worries
ReutersFeb 24, 2025 6:59 PM
Updates
Shares of gold miners up, as bullion prices surge to a record high GOL/
Spot gold XAU= up 0.3% at $2,942.50/ounce. It hit $2,956.15/ounce earlier in the session — its eleventh record high in 2025
Gold prices rose driven by safe-haven demand amid concerns over U.S. President Donald Trump's tariff plans, with additional support coming from inflows into the world's top gold-backed exchange-traded fund
U.S.-listed shares of South African miners Gold Fields GFI.N up 3.3%, AngloGold Ashanti AU.N up ~1%, Harmony Gold HMY.N up 3.4% and Sibanye Stillwater SBSW.N up 3.4%
Shares of Canadian miners Agnico Eagle Mines AEM.TO up 1.7% and Kinross Gold K.TO up ~1%
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