BUZZ-Gold miners rise as bullion prices climb 1% after Trump imposes new tariffs

Reuters
11 Jul
BUZZ-Gold miners rise as bullion prices climb 1% after Trump imposes new tariffs

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

** Spot gold XAU= up 1% at $3,355.89/ounce, its highest price since July 3

** Prices rise as investors rush towards safe-haven assets after U.S. President Donald Trump widened the global trade war with an announcement of new tariffs

** Top miners Newmont NEM.N and Barrick Mining ABX.TO up marginally

** South African miners Gold Fields GFI.N up 1%, Harmony Gold HMY.N rises 1.4%, AngloGold Ashanti AU.N up marginally and Sibanye Stillwater SBSW.N gains 2.9%

** Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO up 1.4% and 1.6%, respectively

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))

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