April 11, 2017 / 5:19 PM / in 6 months

BUZZ-Gold Stocks: Precious metal rises more than 1 pct

** Shares of U.S.-listed gold miners up as prices of precious metal rise more than 1 pct

** Investors seek assets seen as safe havens amid mounting political and security concerns over North Korea, the Middle East and looming French election.

** “Typically (safe-haven buying) will not have an impact on the long term on gold,” says Natixis precious metals analyst Bernard Dahdah

** Spot gold up 1.3 pct at $1,270.74/ounce

** Dollar index, which measures the greenback against a basket of major currencies, slips 0.3 pct

** U.S. gold futures rise as much as 1.75 pct to $1,275.90 per ounce

** Shares of Barrick Gold Corp, world’s No. 1 gold producer, up 2.8 pct

** Coeur Mining Inc up 7.5 pct, Goldcorp Inc 2.9 pct, Newmont Mining Corp 1.8 pct, Harmony Gold Mining Co Ltd 2.5 pct, Kinross Gold Corp 3.2 pct, DRDGOLD Ltd down 2.7 pct, McEwen Mining Inc 2.5 pct

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