BUZZ-Gold miners gain as bullion extends record run on softer dollar, geopolitical uncertainties

Reuters12-23 18:05
BUZZ-Gold miners gain as bullion extends record run on softer dollar, geopolitical uncertainties

** U.S.-listed shares of gold miners rise premarket, as bullion extended its record run, now just shy of the $4,500 per-ounce mark GOL/

** Spot gold XAU= was up 1% at $4,488.94 per ounce, after hitting a record $4,497.55 earlier in the session

** Prices rise as a weaker dollar and persistent geopolitical uncertainty boost demand for the safe-haven metal

** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N up 1% and ~1% respectively

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N up 1.3%, Kinross Gold K.TO, KGC.N gains 1.1%

** South African miners Harmony gold HMY.N up 2.1% and Gold Fields GFI.N up marginally

(Reporting by Pranav Mathur in Bengaluru)

((Pranav.Mathur@thomsonreuters.com;))

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