Gold miners rise as bullion hits record $3,000/oz mark

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

Spot gold XAU= rises 0.4% to $3,000.71/ounce, hitting a record high due to uncertainties around U.S. tariffs on imports and expectations of a rate cut by the Federal Reserve

Bullion has scaled 13 all-time highs so far this year and is on track for a second straight week of gains

Shares of top miners Newmont NEM.N and U.S.-listed shares of Barrick Gold ABX.TO up around 1.6% each

U.S.-listed shares of South African miner AngloGold Ashanti AU.N up 2.1%, Harmony Gold HMY.N rises 1.3% and Gold Fields GFI.N up 1.4%

U.S.-listed shares of Canadian miners Kinross Gold K.TO and Agnico Eagle Mines AEM.TO up 2.6% and 1.1%, respectively