By Pooja Menon — Jan 30 - 12:36 PM
(Updates)
• Shares of gold miners jump, as bullion prices hit a lifetime high [GOL/]
• Spot gold up 1.4% at $2,796.15/ounce, hitting its record high level at $2,798.24/ounce earlier in the session
• Gold prices rose on safe-haven demand due to U.S. tariff threats, while the focus was also on a crucial inflation report for clues on the Federal Reserve's policy path
• Top miner Newmont up 3.5% and Barrick Gold
up 4.6%
• U.S.-listed shares of South African miners Gold Fields
up 4.2%, Harmony Gold rises 3.5%, AngloGold Ashanti up 4.9%, Sibanye Stillwater rises 6.1%
• Shares of Canadian miners Agnico Eagle Mines and
Kinross Gold up 3.8% and 3.2%, respectively
(Reporting by Pooja Menon in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters