Gold, silver miners gain as precious metal prices firm

U.S.-listed shares of gold and silver miners gain premarket, tracking rising prices of the precious metals GOL/

Spot gold XAU= up 1.8% at $4,864.99/ounce and spot silver XAG= rise 4.8% to $74.26/ounce

Gold and silver prices climb as a rout in global stocks lifted demand for safe havens, with heightened volatility prompting U.S. exchange operator CME to raise margins again on precious metals to mitigate risks

Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N up 1.3% and ~2%, respectively

South African miners Gold Fields GFI.N up 4.7% and AngloGold Ashanti AU.N adds 2.3%

Harmony Gold HMY.N gains 5% and Sibanye Stillwater SBSW.N rise 4.4%

Silver miners Hecla Mining HL.N up 1.2% and Coeur Mining CDE.N rise 3.8%

Canadian miners Endeavour Silver EDR.TO, EXK.N rise marginally, Agnico Eagle Mines AEM.TO, AEM.N adds 1.2% and Kinross Gold K.TO, KGC.N gains 1.4%