By Katha Kalia — Mar 04 - 05:39 AM
• U.S.-listed shares of gold miners rise premarket, tracking an increase in bullion prices [GOL/]
• Spot gold rises 0.8% to $2,917.61/ounce, driven by safe-haven demand as trade conflicts erupted after U.S. President Donald Trump imposed new tariffs on top three trading partners of the world's biggest economy
• Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with doubling of duties on Chinese goods to 20%
• Top miners Newmont and Barrick Gold up 1% and 1.3%, respectively
• South African miners Gold Fields up 1.5%, Harmony Gold up 1.5% and AngloGold Ashanti up 1.4%
• Canadian miners Kinross Gold and Agnico Eagle
Mines up 1.5% and 1.2%, respectively
(Reporting by Katha Kalia in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters