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Gold was worth US$1,862 an ounce on the spot market at the time of writing, up $25/oz from this point yesterday.
Iron ore is improving on seven-year highs as data from China yesterday showed its January-November iron ore imports were up 10.9%.
Australian 62% iron ore fines were up 2.55% to $141/t, according to MySteel.
In Toronto, junior Euromax Resources (TSX: EOX) was the standout, surging almost 167% on news of a legal win in North Macedonia which reinstates its Ilovica 6 permit.
Ilovica-Shtuka is the company's flagship gold-copper development asset.
Also in the copper-gold sphere, recently-listed Native Mineral Resources (ASX: NMR) which has assets in Queensland and Western Australia was up 43% in midday Australian trade on no news.
Among the majors, BHP was around a one-year high of A$42.39 at the time of writing.
Newmont closed 3.38% higher in New York.
Finally, Russia and Kazakhstan-focused gold and silver producer Polymetal International rose 2.26% in London.
