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Gold miners rise as weak dollar and global trade war lift bullion

ReutersApr 8, 2025 12:35 PM

U.S.- listed shares of gold miners rise premarket, tracking prices of bullion GOL/

Spot gold XAU= up 1% at $3,013.34/ounce after hitting its lowest level since March 13

Prices of the safe haven asset supported by a global trade war between the U.S. and its trading partners and a weak dollar

Shares of top miners Newmont NEM.N and Barrick Gold GOLD.N up 4.1% and 3.5%, respectively

U.S.-listed shares of South African miners Gold Fields GFI.N up 4.1%, Harmony Gold HMY.N rises 7.3% and AngloGold Ashanti AU.N gains 3.8%

U.S.-listed shares of Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N up 4.7% and 4.4%, respectively

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