š” Gold & Mining Stocks Rally š
Gold prices soared to record highs, driving major mining stocks like Newmont and Freeport-McMoRan upward. The surge reflects safe-haven demand amid macro uncertainty, signaling strong momentum for precious metals and related equities.
š Key Highlights
Gold reached ~$5,100/oz, hitting all-time record highs.
Major gold miners such as Newmont and Freeport-McMoRan saw significant share price gains.
Silver and other precious metals also climbed, reflecting broader commodity market strength.
Rally supported by geopolitical risks, cautious macro sentiment, and central bank purchases.
š Expert Insight
The record bullion prices not only boost miner revenues but also indicate rising investor appetite for safe-haven assets in uncertain markets.
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