February 23, 2017 / 4:14 PM / 6 months ago

BUZZ-Miners shares rise as gold hits 3-month high

** U.S.-listed shares of precious metal miners climb as gold hits 3-month high

** Receding possibility of interest rate hike in March by U.S. Fed slams brakes on dollar's rise, lowers bond yields

** Spot gold XAU= up 0.9 pct at $1,248.70/ounce

** Gold had been trapped in a range of around $1,220-$1,240 since early February, but Thomson Reuters technical analyst Wang Tao said it was likely to break above this trading band, providing it upward momentum

** Shares of Barrick Gold, world's biggest bullion producer, up 1.3 pct at $20.13

** Yamana Gold up 1.2 pct, Harmony Gold Mining Co 3.8 pct, First Majestic Silver 3.4 pct, DRDGold Ltd 1.8 pct

** Shares in AngloGold Ashanti gain 1.5 pct, Kinross Gold 1.2 pct, Endeavour Silver Corp 1 pct, Newmont Mining 1.3 pct

** Shares in Sibanye Gold Ltd rise as much as 8.5 pct to $8.92; company reports headline earnings of $97 mln for six months ended Dec. 31, up 151.3 pct from a year earlier

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