BUZZ-Gold miners up as bullion prices rise on bargain hunting ahead of US jobs data

Reuters
05-02
BUZZ-Gold miners up as bullion prices rise on bargain hunting ahead of US jobs data

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

** Spot gold XAU= up 0.6% at $3,258.62/ounce. Bullion has lost 1.8% so far this week

** Gold prices rose on bargain-hunting ahead of U.S. non-farm payrolls report, after prices touched a two-week low in the previous session, but signs of easing U.S.-China trade tensions kept the safe-haven metal on track for its second weekly fall

** Top miners Newmont NEM.N up 1.3% and Barrick Gold ABX.TO, GOLD.N up 1.8%

** South African miners Gold Fields GFI.N up 2.6%, AngloGold Ashanti AU.N up 2.5%, Harmony Gold HMY.N up 3.8% and Sibanye Stillwater SBSW.N up 4.2%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N up 1.8% and Kinross Gold K.TO, KGC.N up 1.6%

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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