Gold miners gain on uncertainty over Trump's tariff plans

Kinross Gold

23/02/2026 15:05

** Shares of gold miners rise, tracking higher prices GOL/

** Spot gold XAU= up nearly 2% at $4,977.42/oz

** Gold prices rise, fueled by a fresh wave of safe-haven demand on uncertainty over U.S. President Donald Trump's tariff plans after he vowed to raise duties following the Supreme Court's ruling against his earlier tariffs

** Newmont NEM.N up 2.1% and Barrick Mining ABX.TO gains 2.6%

** South African miner Gold Fields GFIJ.J, GFI.N rises 4.1%, Harmony Gold HARJ.J, HMY.N inches up 5.2% and Sibanye Stillwater SSWJ.J, SBSW.N up ~3%

** Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO advance 4% and ~5%, respectively

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))