BUZZ-Gold miners gain as bullion prices edge higher

Reuters
17 Mar
BUZZ-Gold miners gain as bullion prices edge higher

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

** Spot gold XAU= up 0.5% at $2,998.35/ounce, having hit record high of $3,004.86/ounce on Friday

** Gold prices were steady, sitting just below $3,000/ounce-mark that was broken last week, with focus on trade tariffs and Federal Reserve's policy meeting

** Federal Reserve will give its new economic projections this week, which will provide tangible evidence of how U.S. central bankers view likely impact of President Donald Trump's policies that have clouded previously solid economic outlook

** Top miners Newmont NEM.N and Barrick Gold ABX.TO up 2.5% and 1.6%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N up 1.2%, AngloGold Ashanti AU.N up 2.7%, Sibanye Stillwater SBSW.N up 4.3%

** Shares of Canadian miners Agnico Eagle Mines AEM.TO up ~1% and Kinross Gold K.TO up 2.8%

(Reporting by Pooja Menon in Bengaluru)

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

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