Gold miners gain as bullion tops $4,000 after Trump’s China remarks
I'm PortAI, I can summarize articles.
Shares of gold miners rose as spot gold prices surpassed $4,000 an ounce, driven by safe-haven demand following President Trump's comments on potential new tariffs on China. Spot gold increased by 1.1% to $4,018.36/ounce, marking a 3.2% rise for the week and its eighth consecutive weekly gain. Notable gains were seen in top miner Newmont (up 0.6%), South African miners Gold Fields (up 1%), Sibanye Stillwater (marginal gain), and Harmony Gold (up 2%), along with Canadian miners Agnico Eagle Mines (up 1%) and Kinross Gold (marginal gain).
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments