Gold miners rise as bullion hovers near record highs

Shares of gold miners rise, tracking prices of bullion GOL/

Spot gold XAU= rises 0.7% to $2,952.15/ounce, close to record high of $2,956.15 hit on February 24

Prices up due to demand for safe-haven assets amid uncertainty around tariffs and a U.S. inflation report that reinforced expectations of a future rate cut

Shares of top miners Newmont NEM.N and Barrick Gold ABX.TO up ~3.4% and 2.1%, respectively

U.S.-listed shares of South African miner AngloGold Ashanti AU.N up 1.9%, Harmony Gold HMY.N rises 1.6% and Gold Fields GFI.N up 0.7%

Shares of Canadian miners Kinross Gold K.TO and Agnico Eagle Mines AEM.TO up ~2.3% and 1.2%, respectively