BUZZ-Gold miners climb as bullion surges past $4,400/oz mark

Reuters12-22 17:25
BUZZ-Gold miners climb as bullion surges past $4,400/oz mark

** Shares of gold miners rise, as bullion prices soar above the crucial $4,400-per-ounce level for the first time

** Spot gold XAU= up 1.7% at $4,411.01 per ounce, as of 0822 GMT, after hitting a record high of $4,420.01 earlier in the day GOL/

** Spot silver XAG= climbs 3.3% to a historic high of $69.44

** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N rise 2.5% and 2.5%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N rise 3.8%, AngloGold Ashanti AU.N gain 4.2%

** Harmony Gold HMY.N up 4.4%

** U.S.-listed shares of Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold KGC.N gain between 2.1% and 3%

** Sibanye Stillwater SSWJ.J, SBSW.N climbs 3.5%

** SPDR gold shares ETF GLD.P up 0.3%

(Reporting by Rashika Singh in Bengaluru)

((Rashika.Singh@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment