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Gold miners gain as bullion prices edge up on safe-haven demand

ReutersApr 15, 2025 9:50 AM

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

Spot gold XAU= up 0.5% at $3,226.37/ounce, after hitting a record high of $3,245.42/ounce on Monday

Gold prices rise as investors turned to the safe-haven asset amid continued uncertainty surrounding U.S. President Donald Trump's tariff plans, which could heighten an ongoing trade war and slow global economic growth

Top miners Newmont NEM.N and Barrick Gold GOLD.N up 1.2% and 1.1%, respectively

South African miners Gold Fields GFI.N up 1.1%, AngloGold Ashanti AU.N rises 2.2%, Harmony Gold HMY.N up 2.6% and Sibanye Stillwater SBSW.N rises 1.4%

Canadian miners Agnico Eagle Mines AEM.N up ~1% and Kinross Gold KGC.N rises 1.3%

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