Gold Mining Firms' Shares Follow Precious Metal Higher on Strait of Hormuz Reopening Hopes

MT Newswires Live
Jun 17

Shares of Pantoro Gold (ASX:PNR) advanced 7% in recent trade, while those of Genesis Minerals (ASX:GMD) climbed nearly 5% as the price of gold rose to trade around $4,340 per ounce, after US President Donald Trump said the Strait of Hormuz could reopen on Friday.

Shares of Newmont (ASX:NEM) rose 2%.

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