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Key global market indices closed higher but futures were mixed today.
Gold major Newmont Goldcorp (NYSE: NEM) closed up 0.5% in New York.
The gold price has edged back up towards US$1,500 an ounce and was worth $1,498/oz on the spot market earlier.
In terms of other commodities, nickel closed 0.3% lower on the London Metal Exchange as uncertainty lingers over the situation in Indonesia.
Reuters has reported the country may resume exports after an investigation into the violation of export rules.
Copper was down a similar amount despite news Chile had cancelled the APEC and COP25 summits following weeks of street protests, Marex Spectron's Dee Perera said.
In Toronto, metals and mining stocks closed about 0.9% higher, led by the gold sector's gains.
Alacer Gold (TSX: ASR) was one of the biggest risers, up more than 10% after positive September quarter results.
However Centerra Gold (TSX: CG) was on the slide, down 16%, as it reported a net loss and said it expected reserves at its Mount Milligan mine to be "materially reduced" in a review.
In Australian trade, BHP (ASX: BHP) was down about 1.3% at lunchtime while gold equities were higher.
Gold Road Resources (ASX: GOR), which recently started up its Gruyere joint venture gold mine in Western Australia, was up 2.7% representing a gain of almost 74% year-to-date.
