Gold miners gain as bullion rises amid geopolitical risks, trade tensions

Nano Nuclear Energy

23/10/2025 10:40

** U.S.-listed shares of gold miners up, tracking a rise in prices of bullion GOL/

** Spot Gold XAU= up 0.4% at $4,119.02/ounce; bullion fell to a near two-week low in the previous session

** Prices rise as U.S. sanctions against Russia and possible new export controls on China add to geopolitical risks, buoying demand for safe-haven assets

** Top miners Barrick Mining ABX.TO, B.N and Newmont NEM.N up 1.4% and 1.6%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N rise 1.6%, AngloGold Ashanti AU.N gain ~1% and Harmony Gold HMY.N up 1.8%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N up 1.5% and 1.8%, respectively

 (Reporting by Katha Kalia in Bengaluru)

 ((Katha.Kalia@thomsonreuters.com))