Gold miners gain as bullion prices edge higher on safe-haven demand
ReutersApr 22, 2025 9:59 AM
U.S.-listed shares of gold miners up premarket, tracking rise in bullion prices GOL/
Spot gold XAU= up 0.6% at $3,456.68/ounce, after previously rising as far as $3,500.05/ounce
Gold prices briefly broke above $3,500/ounce to all-time high after U.S. President Donald Trump criticised Federal Reserve Chair Jerome Powell, rattling investors and increasing demand for safe-haven asset
Top miners Newmont NEM.N up 1.7% and Barrick Gold ABX.TO, GOLD.N up 1.6%
South African miners Gold Fields GFI.N up 3.5%, AngloGold Ashanti AU.N up 2.2%, Harmony Gold HMY.N up 2.4%
Canadian miners Agnico Eagle Mines AEM.TO, AEM.N up 2% and Kinross Gold K.TO, KGC.N up 1%
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