Shares of Gold Producers Fall as Investors Take Profit

MT Newswires Live

2025/10/10

The shares of Ramelius Resources (ASX:RMS) fell over 5% in recent trading on Friday, while those of Bellevue Gold (ASX:BGL) declined over 3%, and those of Westgold Resources (ASX:WGX) were down almost 3% as investors took profit after gold price had climbed above $4,000 per ounce, hitting a fresh record earlier in the week.

The gold price fell 1.6% to $3,976.65 per ounce earlier on Friday.

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