
Shares of gold miners rise, tracking a gain in bullion prices GOL/
Spot gold XAU= rose 1% to $4,199.19 per ounce
Gold prices are on track for a fourth straight monthly rise on optimism over a possible U.S. Federal Reserve rate cut in December
Gold, a non-yielding asset, tends to do well in low interest-rate environments.
Top miner Newmont NEM.N up marginally
U.S.-listed shares of South African miner Sibanye Stillwater SBSW.N rises 3.3%
Canadian miners: Agnico Eagle Mines AEM.TO gains 1.6% and Kinross Gold K.TO up 1.4%