BUZZ-Gold miners gain as bullion notches record high on Fed rate cut bets
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U.S.-listed gold miners' shares rise in premarket trading as spot gold prices increase, reaching a record high of $4,639.42 per ounce. This surge follows softer-than-expected U.S. inflation data, which bolsters expectations for interest rate cuts amid geopolitical uncertainty. Notable gains include Newmont (up 1.3%), Barrick Mining (up 1.6%), Harmony Gold (up 1.4%), Gold Fields (up 1.8%), and Sibanye Stillwater (up 3.9%). Canadian miners Agnico Eagle and Kinross Gold both see a rise of 1.9%.
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