
Gold miners climb as price breaks $5,100 barrier

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Shares of gold miners have surged as gold prices surpassed the $5,100-per-ounce mark for the first time, with spot gold rising 1.9% to $5,077.24 after reaching an all-time high of $5,110.50. This price increase is attributed to investors seeking safe havens amid international political tensions. Major miners like Newmont and Barrick Mining saw gains of 1.4% and approximately 3%, while South African miners Gold Fields, AngloGold Ashanti, and Sibanye Stillwater rose by 6%, 3.5%, and 2.4%, respectively. Canadian miners Agnico Eagle Mines and Kinross Gold also experienced increases of 2.3% and around 3%.

