By Seher Dareen — Mar 14 - 06:58 AM
(Corrects spot gold price at 1012 GMT in bullet 2 to $3,000/ounce, not $3,000.71/ounce)
• Shares of gold miners rise, tracking prices of bullion [GOL/]
• Spot gold rose above $3,000/ounce at 1012 GMT (6:12 a.m. ET), hitting a record high, and going as high as $3,004.86/ounce, due to uncertainties around U.S. tariffs on imports and expectations of a rate cut by the Federal Reserve
• Bullion has scaled 13 all-time highs so far this year and is on track for a second straight week of gains
• Shares of top miners Newmont and U.S.-listed shares of Barrick Gold up around 1% each
• U.S.-listed shares of Canadian miners Kinross Gold
and Agnico Eagle Mines up 1.3% and 1%, respectively
(Reporting by Seher Dareen in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters