Gold miners gain as bullion hovers near record high

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

Spot gold XAU= rise 0.6% to $3,647.91/ounce after hitting a record high of $3,673.95 on Tuesday

Gold prices rise, buoyed by expectations of a U.S. interest rate cut this month, while market participants awaited U.S. inflation data for clues on the Federal Reserve's monetary policy path

Top miners Newmont NEM.N and Barrick Mining B.N rise 0.9% and 0.7% respectively

South African miners Gold Fields GFI.N, Harmony Gold HMY.N and AngloGold Ashanti AU.N up between 1% and 2.2%

Canadian miner Kinross Gold KGC.N gain marginally