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Feb 10 - 07:55 AM

Gold - Miners Gain As Bullion Prices Race To Record Highs

By Pooja Menon  —  Feb 10 - 05:56 AM

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

• Spot gold 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 and Barrick Gold up 2.3% and 2.4%, respectively

• U.S.-listed shares of South African miners Gold Fields

up 2.4%, Harmony Gold rises 2.8%, AngloGold Ashanti up 2.9%, Sibanye Stillwater rises 2.1%

• U.S.-listed shares of Canadian miners Agnico Eagle Mines

and Kinross Gold up 3.3% and 2.9%, respectively

(Reporting by Pooja Menon in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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