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Gold miners gain as bullion prices edge up on renewed US-Iran tensions

ReutersFeb 4, 2026 9:45 AM

U.S.-listed shares of gold miners up premarket, tracking the rise in bullion prices GOL/

Spot gold XAU= up 2.9% at $5,082.94 per ounce, after surging nearly 6% on Tuesday, its biggest daily gain since November 2008

Bullion scaled a record high of $5,594.82/ounce last week

Gold prices bounce back to hover near $5,100/ounce, as renewed U.S.-Iran geopolitical tensions added to bullion's appeal as a safe haven asset

Top miners Newmont NEM.N up 2.6% and Barrick Mining ABX.TO, B.N rise 2.3%

South African miners Gold Fields GFI.N up 3.5%, AngloGold Ashanti AU.N rises 2.9%, Harmony Gold HMY.N adds 2.4% and Sibanye Stillwater SBSW.N gains marginally

Canadian miner Agnico Eagle Mines AEM.TO, AEM.N rises ~2% and Kinross Gold K.TO, KGC.N up 2.6%

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