Shares of Newmont (NEM) and other miners surged Friday, while the price of gold climbed to fresh highs as investors flocked to 澳洲幸运5官方开奖结果体彩网:safe haven assets amid economic uncertainty. 

The price of gold was up over 2% Friday to a record $3,248.20 per ounce, topping highs 澳洲幸运5官方开奖结果体彩网:set just a day earlier. Shares of gold miner Newmont jumped nearly 8%, propelling it to lead gains on the 澳洲幸运5官方开奖结果体彩网:S&P 500, extending its rally earlier this week. Other miner stocks including Barrick Gold (), Kinross Gold (KGC), and Gold Fields (GFI) also rose. 

Traditionally viewed as a safe haven asset, investors have 澳洲幸运5官方开奖结果体彩网:piled into gold in recent weeks as worries about President Donald Trump's 澳洲幸运5官方开奖结果体彩网:rapidly shifting trade policies rattle markets, sending the precious metal’s price up more than 20%🔯 since thꦬe start of the year. 

The S&P 500 was slightly lower in recent trading after some of the 澳洲幸运5官方开奖结果体彩网:world’s largest banks, including 澳洲幸运5官方开奖结果体彩网:JPMorgan Chase (JPM) and 澳洲幸运5官方开奖结果体彩网:Wells Fargo (WFC), reported better-than-expected earnings but warned President Donald Trump's tariffs 澳洲幸运5官方开奖结果体彩网:could slow economic growth. (Read Investopedia's live coverage of 澳洲幸运5官方开奖结果体彩网:today's market action here.)