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BUZZ-Gold miners rise on "reciprocal" tariffs, weak dollar

Reuters
Apr 09
BUZZ-Gold miners rise on "reciprocal" tariffs, weak dollar

** U.S.-listed shares of gold miners rise premarket, tracking prices of bullion GOL/

** Spot gold XAU= up 2.1% at $3,047.68/ounce

** Prices rose after U.S. President Donald Trump's "reciprocal" tariffs kicked in with a weaker dollar, and rising prospect of U.S. rate cuts lent support

** Shares of top miners Newmont NEM.N and Barrick Gold GOLD.N up 2.8% and 3.7%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N up 6.8%, Harmony Gold HMY.N rises 10.9% and AngloGold Ashanti AU.N gains 7.6%

** U.S.-listed shares of Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N up 3.7% and 2.9%, respectively

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))

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