BUZZ-Gold miners gain as safe-haven demand lifts bullion prices to 2-week peak

Reuters
2025/05/06
BUZZ-Gold miners gain as safe-haven demand lifts bullion prices to 2-week peak

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

** Spot gold XAU= up 1.3% at 3,378.20, after hitting its highest since April 22 earlier in the session

** Gold prices rise as tariff threats from U.S. President Donald Trump lift demand for the safe-haven metal, while the Federal Reserve's policy decision remains in focus

** Top miners Newmont NEM.N rise 1.7% and Barrick Gold ABX.TO, GOLD.N up 1.5%

** South African miners AngloGold Ashanti AU.N up ~2% and Harmony Gold HMY.N rise 2.7% and Sibanye Stillwater SBSW.N up 1.9%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N up 2.1%, Kinross Gold K.TO, KGC.N rise 1.9%

(Reporting by Sumit Saha in Bengaluru)

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

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