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BUZZ-Gold miners gain as bullion prices race to record highs

Reuters
Feb 10, 2025
BUZZ-Gold miners gain as bullion prices race to record highs

** U.S.-listed shares of gold miners jump premarket as bullion prices climb more than 1% GOL/

** Spot gold XAU= up 1.4% at $2,899.52/ounce

** Earlier in the session, bullion hit an all-time high of $2,896.35/ounce

** Gold prices rose as U.S. President Donald Trump's latest tariff plans heightened fears of a global trade war, fuelling demand for the safe-haven metal and pushing bullion prices to record highs

** Top miner Newmont NEM.N and Barrick Gold GOLD.N up 2.3% and 2.4%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N up 2.4%, Harmony Gold HMY.N rises 2.8%, AngloGold Ashanti AU.N up 2.9%, Sibanye Stillwater SBSW.N rises 2.1%

** U.S.-listed shares of Canadian miners Agnico Eagle Mines AEM.N and Kinross Gold KGC.N up 3.3% and 2.9%, respectively

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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