Gold miners rise on safe-haven demand amid Trump tariff worries

Franco-Nevada

25/03/2025 14:58

** Shares of gold miners climb, tracking a rise in the price of the precious metal

** Spot gold XAU= up 0.5% at $3,026.86/ounce, while U.S. gold futures GCv1 rise 0.7% to $3,035.40/ounce, supported by safe-haven demand amid uncertainty over U.S. President Donald Trump's tariff plans for next week that could potentially boost inflation GOL/

** Top gold miners Newmont NEM.N and Barrick Gold ABX.TO, GOLD.N climb 2.2% each

** U.S.-listed shares of South African miners Gold Fields GFIJ.J, GFI.N up 1.3%, AngloGold Ashanti ANGJ.J AU.N up 3% and Harmony Gold HARJ.J, HMY.N up 1.8%

** Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO climb 1.5% and 2.3%, respectively

 (Reporting by Tanay Dhumal in Bengaluru)

 ((Tanay.Dhumal@thomsonreuters.com;
Twitter: https://twitter.com/TanayDhumal))