BUZZ-Gold miners gain as bullion rises on rate cut bets
Gold miners' shares rise as gold prices increase, driven by expectations of future interest rate cuts. Spot gold is up 0.1% at $4,286.35 per ounce, with a 2.1% weekly gain. Top miners like Newmont and Barrick Mining see gains of ~2% and 1.4%, respectively. Canadian miners Agnico Eagle Mines and Kinross Gold rise 1.7% each, while South African miner Harmony Gold is up 1%.
Reuters·