Gold miners climb as bullion prices edge higher
GDX•Major miners advance
Top miners Newmont (NEM.N), Barrick Mining (ABX.TO, B.N) rose 3% and 2.7%, respectively.
South African miners Gold Fields (GFI.N) rose 2.5%, Harmony Gold (HMY.N) jumped 3.6%, AngloGold Ashanti (AU.N) gained 3.4% and Sibanye Stillwater (SBSW.N) was up 4.4%.
Canadian miners Agnico Eagle Mines (AEM.TO, AEM.N) rose 4.2% and Kinross Gold (K.TO, KGC.N) added 3.3%.
Gold miners rise with bullion
U.S.-listed shares of gold miners were up in premarket trading, tracking a rise in bullion prices.
Spot gold was up 1.5% at $4,067.64 per ounce as investors weighed diplomatic efforts to ease the U.S.-Iran conflict, which could temper oil-driven inflation risks and influence the Federal Reserve's interest rate path.
