BUZZ-Gold miners rise after bullion hits record high
Reuters · 09/12 13:22
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** U.S.-listed shares of gold miners rise premarket, tracking prices of the bullion GOL/
** Spot gold XAU= up 1% at record high of $2,542.10/ounce, helped by expectations of a U.S. Federal Reserve interest rate cut week, while supply concerns from top producer Russia drove palladium above the key psychological level of $1,000
** Top miners Newmont NEM.N and Barrick Gold GOLD.N gain 1.1% and 1.4%, respectively
** Shares of South African miners Gold Fields GFIJ.J, GFI.N rise 0.7%, while Harmony Gold HARJ.J, HMY.N gain 1.4%, Sibanye Stillwater SSWJ.J, SBSW.N rise 4.7%
** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N both up marginally
(Reporting by Vallari Srivastava in Bengaluru)
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