BUZZ-Gold miners surge as bullion hits record high

Reuters
2026.01.12 15:37
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Shares of gold miners surged as spot gold reached a record high of $4,621.85 per ounce, driven by increased demand for safe-haven assets amid political uncertainty. Notable gains included Newmont up 4%, Barrick Mining up 3.3%, Agnico Eagle Mining up 3.8%, and Kinross Gold up 4.9%. U.S.-listed South African miners also saw significant increases, with Harmony Gold rising 10.4% and AngloGold Ashanti climbing 6.6%. Additionally, spot silver reached a record high of $85.69 per ounce.