Gold, platinum miners surge as investors ease up, South Africa locks down

Aion-Tech Solutions

24/03/2020 15:05

** U.S.-listed shares of gold and palladium miners jump in
morning trade
    ** Palladium surged 12% as major producer South Africa
locked down due to the coronavirus; on track for its biggest
daily rise since 2000
    ** Gold prices gain 3% as fresh round of stimulus measures
paused a run for cash among investors; hits highest since March
13  GOL/ 
    ** Sibanye-Stillwater  SBSW.N   SSWJ.J , the world's biggest
platinum producer, climbs 18.7% to $5.06
    ** Yamana Gold  AUY.N   YRI.TO , Anglogold Ashanti  AU.N 
 ANGJ.J , Barrick Gold  GOLD.N   ABX.TO , Newmont  NEM.N 
Kirkland Lake Gold  KL.N   KL.TO  up between 7% and 16%
    ** Autocatalyst metal palladium  XPD=  rises to $1,930.79
per ounce, while platinum  XPT=  gains 6.2% to $682.04; spot
gold  XAU=  up 3.2% at $1,602 per ounce, as of 1200 GMT

 (Reporting by Shariq Khan in Bengaluru)
 ((Shariq.Khan@thomsonreuters.com; Twitter: @shariqrtrs))