Gold miners climb as bullion surges past $3,800/oz mark

U.S.-listed shares of gold miners climb in pre-market trading after the precious metal surges above $3,800 an ounce for the first time

Spot gold XAU= jumped 1.57% to $3,818.67 per ounce by 0855 GMT, after hitting $3,819.59 earlier in the session, driven by rising bets on a U.S. Federal Reserve rate cut that weakened the dollar, while concerns over a possible U.S. government shutdown bolstered safe-haven demand GOL/

Top gold miners Newmont NEM.N and Barrick Mining B.N rise 2.5% and 2%, respectively

U.S.-listed shares of Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N climb 2.3% and 2.8%, respectively

AngloGold Ashanti AU.N shares up nearly 3%