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Mar 28 - 07:55 AM

Gold - Miners Gain As Bullion Prices Edge Up On Safe-Haven Demand

By Pooja Menon  —  Mar 28 - 06:03 AM

• U.S.-listed shares of gold miners gain premarket, tracking a rise in bullion prices [GOL/]

• Spot gold up 0.6% at $3,073.20/ounce, after hitting an all-time high of $3,086.21/ounce earlier in the session

• Gold prices rise as U.S. President Donald Trump's fresh tariffs fueled fears that the global trade war will further intensify and prompted investors to seek refuge in the safe-haven metal

• Top miners Newmont and Barrick Gold each up ~1%

• South African miners Gold Fields up ~3%, AngloGold Ashanti rises 2.5%, Harmony Gold up 3% and Sibanye Stillwater rises 1.6%

• Canadian miners Agnico Eagle Mines up ~1% and Kinross Gold up marginally

(Reporting by Pooja Menon in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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