The shares of both Newmont (ASX:NEM) and Evolution Mining (ASX:EVN) rose over 5% and 2% in recent trade, respectively, and reached their all-time peak in recent trading on the Australian bourse on Monday after gold touched a fresh record on expectations of US rate cuts.
Spot gold climbed 1.2% to hit $4,391.92 per ounce. Northern Star Resources' (ASX:NST) shares jumped 3% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.