January 6, 2016 / 4:12 PM / 2 years ago

BUZZ-Gold miners: Gold hits 7-week high

** U.S.-listed shares of gold miners rise as gold extends gains for a third session to hit a 7-week high

** Gold rises as much as 1.5 pct to $1,093.10 an ounce, as persistent concerns over the Chinese economy battered stock markets, while tensions simmered in the Korean peninsula and the Middle East

** “(The) geopolitical situation along with a cocktail of global market sell-offs is fuelling this move,” Naeem Aslam, chief market analyst at Ava Trade, said

** Shares of Harmony Gold Mining Co Ltd rise 12.2 pct; Primero Mining Corp 4.3 pct; Yamana Gold 4 pct; Goldcorp Inc 3.7 pct and Barrick Gold Corp 3.4 pct

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