BUZZ-Gold miners gain as market focuses on Trump impact on Fed outlook

Reuters
02 Jan
BUZZ-Gold miners gain as market focuses on Trump impact on Fed outlook

** U.S.-listed shares of gold miners rise premarket, tracking higher price of the yellow metal

** Spot gold XAU= rises 0.7% to $2,641.89/ounce, buoyed by volatility in equities and fresh positioning, while the U.S. Federal Reserve's interest rate outlook remained in focus ahead of trade tariffs proposed by President-elect Donald Trump [Gol/]

** Top gold miner Newmont NEM.N and Canada's Barrick Gold GOLD.N each up 1.4%

** South African miners AngloGold Ashanti AU.N, Harmony Gold Mining HMY.N, Gold Fields GFI.N and Sibanye Stillwater SBSW.N gain between 3.1% and 5.2%

** Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N up 1.6% and 1.9%, respectively

(Reporting by Sourasis Bose in Bengaluru)

((Sourasis.bose@thomsonreuters.com))

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