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BUZZ-Gold miners gain as bullion prices edge up on Middle East tensions, US tariff concerns

Reuters
Mar 18, 2025
BUZZ-Gold miners gain as bullion prices edge up on Middle East tensions, US tariff concerns

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

** Spot gold XAU= up 0.8% at $3,026.84/ounce. Prices climbed above $3,000/ounce for the first time on March 14

** Gold prices anchored above the $3,000/ounce mark, as rising Middle East tensions and trade uncertainties due to U.S. President Donald Trump tariff plans fueled demand for the safe-haven asset

** Top miners Newmont NEM.N up marginally and Barrick Gold ABX.TO rises 1.7%

** U.S.-listed shares of South African miners Gold Fields GFI.N up 2.8%, AngloGold Ashanti AU.N rises 3.3%, Sibanye Stillwater SBSW.N up 3.5% and Harmony Gold HMY.N rises 1.5%

** Shares of Canadian miners Agnico Eagle Mines AEM.TO rise 1.5% and Kinross Gold K.TO up marginally

(Reporting by Pooja Menon in Bengaluru)

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

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