BUZZ-Gold miners gain as bullion prices rise on weak US dollar, tariffs concerns

Updates

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

Spot gold XAU= up ~1% at $2,886.55/ounce, driven by a weaker dollar and safe-haven buying in response to concerns over U.S. President Donald Trump's tariff policies

A weaker U.S. dollar makes bullion less expensive for buyers holding other currencies

Top miners Newmont NEM.N and Barrick gold ABX.TO up 0.9% and 1.8%, respectively

U.S.- listed shares of South African miners Gold Fields GFI.N up 6.9%, Harmony Gold HMY.N up 5.2% and AngloGold Ashanti AU.N up 2.4%

Canadian miners Kinross Gold K.TO and Agnico Eagle Mines AEM.TO rise 2.6% and 2.1%, respectively