Gold miners climb as bullion hits fresh record highs

U.S.-listed shares of gold miners rise on Friday, as bullion price hits fresh record high GOL/

Spot gold XAU= rose 0.6% to $4,505.30 per ounce, as of 1131 GMT, after touching a record $4,530.60 earlier

Bullion prices extend rally, driven by speculative bets, expectations of further U.S. rate cuts and escalating geopolitical tensions

Top miners Newmont NEM.N and Barrick Mining B.N ABX.TO are up 0.6% and 0.9%, respectively

U.S.-listed shares of South African miners Gold Fields GFI.N, and Sibanye Stillwater SBSW.N rise between 0.2% and 1%

U.S.-listed shares of Canadian miners Agnico Eagle Mines AEM.N AEM.TO and Kinross Gold KGC.N K.TO edge up 0.8% and 1%, respectively