Gold Miners' Shares Rise as Gold Surges Amid US Fed Uncertainty

MT Newswires Live
Jan 13

Shares of Northern Star Resources (ASX:NST) rose about 3% in Tuesday trade, while Evolution Mining (ASX:EVN) and Newmont (ASX:NEM) each gained 1%, as gold surged past $4,600 an ounce amid strong investor demand for safe-haven assets, fueled by uncertainty over the Trump administration's scrutiny of USFederal Reserve Chair Jerome Powell.

Spot gold rose 2.2% to $4,609.58 per ounce, earlier hitting a record high of $4,629.94.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10