By Sumit Saha — Jun 12 - 12:45 PM
(Updates)
• Shares of gold miners rise, tracking higher bullion prices [GOL/]
• Spot gold rises 1.1% to $3,389.51/ounce, after hitting its highest level since June 5 earlier in the day
• Gold price rise steered by simmering Middle East tensions and cooler U.S. economic data, which fuelled fresh bets on Federal Reserve rate cuts
• Top miners Newmont up ~4% and Barrick Mining
gains 3.5%
• U.S.-listed shares of South African miners Gold Fields
gain 3.7%, Harmony Gold up 4.2%, Sibanye Stillwater up 3.5% and AngloGold Ashanti rise 6.6%
• Canadian miners Agnico Eagle Mines gains 2.6%
and Kinross Gold rises 2.4%
(Reporting by Sumit Saha in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters