0003 GMT - UBS reminds Australian gold producers to be prepared for any prolonged pullbacks in gold prices, as mining costs drift higher. Gold companies have been increasingly "chasing incremental, lower-margin material and production growth albeit at higher unit costs" to take advantage of record-high metal prices, UBS says. "While many gold miners are protected in the short/medium term by puts struck at very strong prices, we continue to watch the recent volatility in gold," the bank says. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

February 08, 2026 19:03 ET (00:03 GMT)

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