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BUZZ-Gold miners continue ascent

Reuters - UK Focus

** Gold (Other OTC: GDCWF - news) miners lead European stocks as spot gold (+0.8 pct) keeps rally alive for a 6th straight session

** UBS (LSE: 0QNR.L - news) raises its gold price forecasts from 2016 through 2020, saying the bullion had likely entered the early stages of the next bull-run

** Fresnillo (Other OTC: FNLPF - news) is up 4.6 pct, with peer Randgold +3.8 pct

** Pair among the few winners of Brexit, seeing respective rallies of 60 pct 50 pct since June 23 close

** UK gold miners are top performers of European Basic Resources index (+2.1 pct)