April 7, 2017 / 11:25 AM / a year ago

BUZZ-Gold miners' stocks rise on safe-haven demand after U.S. strikes Syria

** U.S.-listed shares of gold miners rise premarket as precious metal hits 5-month high

** Investors seek safe-haven assets after U.S. launches cruise missiles on a Syrian air base, potentially escalating tensions with Syrian allies Russia and Iran

** “Clearly this raises the stakes and we expect to see gold prices continuing to push higher in the short-term, at least until there is some clarity around whether this is a one-off or develops into something more,” ANZ analyst Daniel Hynes says

** Spot gold up 1.05 pct at $1264.49/ounce; U.S. gold futures rise 1.05 pct to $1266.4/ounce at 1045 GMT

** Silver up 1 pct at $18.41/ounce

** Shares of Barrick Gold, world’s biggest bullion producer, up 1.7 pct at $19.61 premarket

** Top gainers premarket: Coeur Mining Inc up 5.29 pct, Gold Fields Ltd 4.10 pct, Harmony Gold Mining 3.74 pct Sibanye Gold Ltd 3.30 pct, Newmont Mining Corp 3.16 pct

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