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BUZZ-Gold miners gain as Middle East turmoil lifts bullion appeal

Reuters
Yesterday
BUZZ-Gold miners gain as Middle East turmoil lifts bullion appeal

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

** Spot gold XAU= up 2.3% at $5,398.06 an ounce as U.S.-Israel strikes on Iran spark safe-haven demand

** "While at these elevated prices investors should be wary of piling in, we do think the perceived safe haven appeal of gold in times of uncertainty remains," says Emma Wall, chief investment strategist at Hargreaves Lansdown

** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N rise between 2.4% and 3.4%

** South African miners Gold Fields GFIJ.J, GFI.N and Harmony Gold HARJ.J, HMY.N rise 3.3% and 2.2%, respectively

** AngloGold Ashanti AU.N up 1.7%, Sibanye Stillwater SBSW.N gains 0.9%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N up over 3% each

(Reporting by Kanchana Chakravarty in Bengaluru)

((Kanchana.Chakravarty@thomsonreuters.com;))

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