BUZZ-Gold, silver miners rise as precious metals prices gain after U.S.-Iran ceasefire agreement

Reuters04-08 16:39
BUZZ-Gold, silver miners rise as precious metals prices gain after U.S.-Iran ceasefire agreement

** U.S.-listed shares of gold and silver miners rise premarket, tracking gains in precious metal prices after the U.S.-Iran ceasefire agreement

** Gold and silver prices rise to nearly a three-week high as markets reassess near-term risks following the two-week ceasefire announcementGOL/

** Spot gold XAU= up 2.2% at 4804.1 per ounce, spot silver XAG= climbs 5.3% to 76.79 per ounce

** Top miners Newmont NEM.N and Barrick Mining B.N ABX.TO up 5.8%

** South African miners: Gold Fields GFI.N, Sibanye Stillwater SBSW.N, AngloGold Ashanti AU.N and Harmony Gold HMY.N up between 9% and 10.5%

** Silver miners Hecla Mining HL.N and Coeur Mining CDE.N up 7.3%

** Canadian miners Endeavour Silver EDR.TO, EXK.N adds 6.2%, Silvercorp Metals SVM.TO, SVM.N rises 8%, Agnico Eagle Mines AEM.TO, AEM.N rises 5.6% and Kinross Gold K.TO, KGC.N up 5.9%

(Reporting by Utkarsh Tushar Hathi)

((utkarshtushar.hathi@thomsonreuters.com))

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