CAPITAL MARKETS

Gold stocks in demand

Gold price up on talk of trade war

Staff reporter

This article is 7 years old. Images might not display.

Among the larger capitalised stocks in Australia, gold miners were three of the top five gainers today.

Resolute Mining (AU:RSG) rose 3.4% and both Regis Resources (AU:RRL) and Newcrest Mining (AU:NCM) closed up around 2%.

In the US, Newmont Mining (US:NEM) rose 1.49% yesterday, while steel manufacturer Nucor Corp (US:NUE) was US8c lower at $67.78 but still about $1 higher than a week ago prior to Trump's proposal for steel and aluminium tariffs.

North of the border, diversified Ivanhoe Mines (CN:IVN) continued to regain lost ground.

It closed 3.93% higher but remains down about 25% year-to-date, having slumped around five weeks ago on concerns over a new mining code in the Democratic Republic of Congo.

London-listed gold miner Randgold Resources (LN:RRS) gained 2.09% yesterday.

Finally, diversified Anglo American (LN:AAL) rose 3.96% after announcing continued demand for rough diamonds and being named the "top pick of the majors" by an investment bank, due to its current undervaluation.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.

editions

Project Pipeline Index 2025

View our 50 top mining projects, handpicked using a unique, objective selection process from an expanded database of 600+ global assets.