CAPITAL MARKETS

Gold stocks hammered as buyers focus on other ASX miners

A SHOCKING day for the gold patch saw Metals & Mining close up only slightly on the ASX 200, despite investors getting reasonably active elsewhere in the resources sector.

 Image: iStock/Boarding1Now

Image: iStock/Boarding1Now

The gold sector fell by around 5% as positive trade sentiment saw bullion-leveraged stocks abandoned - with the precious metal trading at about US$1487 per ounce in Asian trade. Those mining stocks...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.