BUZZ-Gold miners gain as bullion prices edge up after US, Iran reach peace deal
Anglogold Ashanti PLC AU | 0.00 | |
Abacus Global Management, Inc. Class A ABX | 0.00 | |
Newmont Corporation NEM | 0.00 | |
Agnico Eagle Mines Limited AEM | 0.00 | |
Kellanova K | 0.00 |
** U.S.-listed shares of gold miners up premarket, tracking rise in bullion prices GOL/
** Spot gold XAU= up 2.3% at $4,316.03 per ounce, hitting its highest level since June 9
** Gold prices rise more than 2% after U.S. and Iran officials said they reached an initial agreement to end their war, pushing oil prices lower and easing concerns about inflation and higher interest rates
** Top miners Newmont NEM.N up 5.1%, Barrick Mining ABX.TO, B.N rises 4%
** South African miners Gold Fields GFI.N, Harmony Gold HMY.N, AngloGold Ashanti AU.N and Sibanye Stillwater SBSW.N gain between 8.1% and 10.2%
** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N up 6.3% and 5.6%, respectively