Gold miners rise as bullion prices extend rally above $5,300/oz

Shares of gold miners up, tracking the rise in bullion prices GOL/

Spot gold XAU= up 2.2% at $5,295.23 per ounce, after touching a record $5,311.31/ounce. It gained more than 3% in the previous session

Gold prices climb above $5,300/ounce for the first time, driven by economic uncertainty and a weakening U.S. dollar, as investors awaited the Federal Reserve's policy decision amid increasing concerns over its independence

The U.S. dollar index .DXY hovered near four-year lows, making greenback-priced bullion cheaper for overseas buyers. USD/

Top miners Newmont NEM.N up 3% and Barrick Mining ABX.TO rise 1%

South African miners: Gold Fields GFI.N up 4.1%, AngloGold Ashanti AU.N rises 3.2%, Harmony Gold HMY.N adds 6.5% and Sibanye Stillwater SBSW.N gains 3.5%

Canadian miners: Agnico Eagle Mines AEM.TO rises 2.5% and Kinross Gold K.TO up marginally