Gold miners gain as bullion prices edge up on Middle East tensions, US tariff concerns
ReutersMar 18, 2025 3:03 PM
Shares of gold miners up, tracking rise in prices of bullion GOL/
Spot gold XAU= up 0.8% at $3,026.84/ounce. Prices climbed above $3,000/ounce for the first time on March 14
Gold prices anchored above the $3,000/ounce mark, as rising Middle East tensions and trade uncertainties due to U.S. President Donald Trump tariff plans fueled demand for the safe-haven asset
Top miners Newmont NEM.N up marginally and Barrick Gold ABX.TO rises 1.7%
U.S.-listed shares of South African miners Gold Fields GFI.N up 2.8%, AngloGold Ashanti AU.N rises 3.3%, Sibanye Stillwater SBSW.N up 3.5% and Harmony Gold HMY.N rises 1.5%
Shares of Canadian miners Agnico Eagle Mines AEM.TO rise 1.5% and Kinross Gold K.TO up marginally
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