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TDUX
Apr 17 - 11:55 AM

Gold - Miners Rise Tracking Bullion Prices As Dollar Weakens, Strait Of Hormuz Stays Open

By Pranav Mathur  —  Apr 17 - 09:44 AM

• Shares of gold miners rise, tracking prices of the bullion [GOL/]

• Spot gold up 1.2% at $4,846.28 per ounce, headed for a fourth consecutive weekly gain

• Prices rise as dollar weakens and Iran’s foreign minister says passage through the Strait of Hormuz remains open during the ceasefire

• Top miners Newmont and Barrick Mining up 1.3% and 2.4% respectively

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

up 4.8%, AngloGold Ashanti rises 3.6% and Harmony Gold gains 6.7%

• Canadian miner Kinross Gold gains 1.3%

(Reporting by Pranav Mathur in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters
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