Gold Fields' stock soared 5.05% during Monday's intraday trading session, mirroring a significant rise in the price of gold.

The surge in the precious metal and related mining stocks follows heightened market uncertainty stemming from U.S. trade policy developments. The U.S. Supreme Court's decision to annul certain tariffs, followed by an announcement of increased global tariff rates, has boosted demand for traditional haven assets like gold.

This environment of trade policy uncertainty is lifting the prices of precious metals, directly benefiting major gold producers such as Gold Fields.