BUZZ-Gold miners hit record high as geopolitical risks, Fed cut bets boost demand
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U.S.-listed gold miners' shares have reached record highs as geopolitical tensions and expectations of U.S. rate cuts increase demand for gold. Spot gold prices rose 0.3% to $4,461.09 per ounce. Major miners like Newmont and Barrick Mining saw slight increases, while South African miners Gold Fields and Harmony Gold rose by 3.3% and 2.8%, respectively. Canadian miners Agnico Eagle and Kinross Gold also experienced gains of 0.6% and 1.7%.
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