January 20, 2016 / 3:21 PM / 2 years ago

BUZZ-Gold miners' shares gain as metal prices rise

1 Min Read

** U.S.-listed shares of gold miners up as gold rose more than 1 pct, benefiting from a weaker dollar and ailing European shares which slid to their lowest since October 2014 as oil continued its slump

** Spot gold climbed to session high of $1,099.10 an ounce; spot silver was up 0.8 percent at $14.13 an ounce

** Slow physical demand from Asia kept gold well below this month's peak, traders said

** DRD Gold Ltd up 8.9 pct, AngloGold Ashanti Ltd up 6.3 pct, Gold Fields Ltd up 4.3 pct, Barrick Gold Corp up 4.3 pct

** Sibanye Gold Ltd up 4.7 pct, Goldcorp Inc up 2.6 pct, Kinross Gold Corp up pct up 2.9 pct, Harmony Gold Mining Co up 9 pct

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