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

ReutersJul 14, 2025 10:14 AM

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

** Spot gold XAU= up 0.4% at $3,367.89/ounce, after hitting its highest level since June 23 earlier in the session

** Gold prices rose to a three-week high, boosted by safe-haven demand after U.S. President Donald Trump threatened tariffs on the European Union and Mexico

** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N each up marginally

** South African miners Gold Fields GFI.N and Harmony Gold HMY.N each rise ~1%, AngloGold Ashanti AU.N up 1.8% and Sibanye Stillwater SBSW.N rises 3.9%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N up marginally and Kinross Gold K.TO, KGC.N up 1%

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