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

ReutersMar 14, 2025 11:53 AM

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

Spot gold XAU= rose above $3,000/ounce at 1012 GMT (6:12 a.m. ET), hitting a record high, and going as high as $3,004.86/ounce, 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% each

U.S.-listed shares of Canadian miners Kinross Gold K.TO and Agnico Eagle Mines AEM.TO up 1.3% and 1%, respectively

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