Gold Miners' Shares Rise on Central Bank Buying, ETF Demand

MT Newswires Live

09/03

Shares of Northern Star Resources (ASX:NST) and Evolution Mining (ASX:EVN) each rose around 2%, while Newmont (ASX:NEM) posted a modest gain on Wednesday trade, as gold prices extended their rally, driven by persistent central bank buying and strong inflows into gold-backed exchange-traded funds.

Gold prices hit a record high of $3,532 per troy ounce on Tuesday.

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