Gold miners gain as bullion rises on softening US labor market

Shares of gold miners rise, tracking prices of the precious metal GOL/

Spot gold XAU= up 0.6% at $4,330.79 per ounce

Prices rise after a rise in the U.S. November unemployment rate compared to September signaled a weaker labor market, and escalating U.S.-Venezuela tensions boosted safe-haven demand

"Gold continues to be supported by dovish Federal Reserve expectations, economic uncertainty and geopolitical tensions," says ActivTrades analyst Ricardo Evangelista

Top miners Newmont NEM.N and Barrick Mining ABX.TO, gain ~1% and 1.7%, respectively

Canadian miners Agnico Eagle Mines AEM.TO up marginally and Kinross Gold K.TO up ~1%

U.S.-listed shares of South African miners Harmony Gold HMY.N up ~1%, and Gold Fields GFI.N gains 1.8%