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BUZZ-Gold miners gain after bullion prices drift up on geopolitical woes

Reuters
Jul 16, 2025
BUZZ-Gold miners gain after bullion prices drift up on geopolitical woes

** Shares of gold miners rise, tracking rise in bullion prices GOL/

** Spot gold XAU= up 1.4% at $3,367.96/ounce

** Gold prices rise bolstered by persistent conflict in the Middle East and uncertainty over tariffs, while softer U.S. producer prices also added support

** Top miners: Newmont NEM.N up 2.5% and Barrick Mining ABX.TO rises 1.7%

** U.S.-listed shares of South African miners: Harmony Gold HMY.N up marginally and Sibanye Stillwater SBSW.N gains 1.4%

** Canadian miners: Agnico Eagle Mines AEM.TO up 1.2% and Kinross Gold K.TO gains 1.3%

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))

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