Gold, silver miners gain as precious metal prices firm

Kinross Gold

06/02/2026 09:47

** U.S.-listed shares of gold and silver miners gain premarket, tracking rising prices of the precious metals GOL/

** Spot gold XAU= up 1.8% at $4,864.99/ounce and spot silver XAG= rise 4.8% to $74.26/ounce

** Gold and silver prices climb as a rout in global stocks lifted demand for safe havens, with heightened volatility prompting U.S. exchange operator CME to raise margins again on precious metals to mitigate risks

** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N up 1.3% and ~2%, respectively

** South African miners Gold Fields GFI.N up 4.7% and AngloGold Ashanti AU.N adds 2.3%

** Harmony Gold HMY.N gains 5% and Sibanye Stillwater SBSW.N rise 4.4%

** Silver miners Hecla Mining HL.N up 1.2% and Coeur Mining CDE.N rise 3.8%

** Canadian miners Endeavour Silver EDR.TO, EXK.N rise marginally, Agnico Eagle Mines AEM.TO, AEM.N adds 1.2% and Kinross Gold K.TO, KGC.N gains 1.4%

 (Reporting by Pooja Menon in Bengaluru)

 ((Pooja.Menon@thomsonreuters.com;))