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Apr 10 - 11:55 AM

Gold - Miners Rise As U.S-China Trade War Escalates

By Katha Kalia  —  Apr 10 - 09:58 AM

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

• Spot gold up 1.6% at $3,132.29 an ounce after rising more than 3% on Wednesday, as a drop in dollar and escalating trade war between U.S. and China drove investors towards the safe-haven allure of the precious metal

• Shares of top miners Newmont and Barrick Gold

up 1.6% and 6.2%, respectively

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

up 3.8%, AngloGold Ashanti rises 3.2% and Harmony Gold jumps 3.4%

• Shares of Canadian miners Kinross Gold and Agnico Eagle Mines up 7.9% and 4.6%, respectively
(Reporting by Katha Kalia in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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