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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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