May 23, 2019 / 4:53 PM / a month ago

BUZZ-Gold cos ride gains in precious metal

** Shares of U.S.-listed gold companies shine, helped by rise in gold prices as escalating Sino-U.S. trade tensions drive investors toward safe-haven

** Spot gold and U.S. gold futures were up about 1% each

** Wall Street in red as investors spooked by fears that the Sino-U.S. trade war could become a tech cold war between the two biggest economies

** U.S.-listed shares of Harmony Gold Mining Co, Sibanye Gold, AngloGold Ashanti, Barrick Gold , and Kirkland Lake Gold rise between 1.2% and 2.5%

** However, the dollar index earlier hit over 2 year high making the precious metal costlier for other currency holders. (Reporting by Divya R in Bengaluru)

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