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2025-07-31 17:44:39
[Risk aversion ignites! Gold and silver prices soar, are gold miners celebrating?] ⑴ In pre-market trading on July 31st, shares of US-listed gold mining companies generally rose. ⑵ This upward trend is closely linked to the simultaneous surge in spot gold and silver prices. ⑶ Spot gold prices rose approximately 1% to $3,307.28 per ounce. ⑷ Gold's rise was primarily driven by a weakening US dollar and the announcement of new US tariffs, which significantly increased demand for safe-haven assets. ⑸ As a result, the share prices of top mining companies, including Newmont and Barrick Mining, saw slight increases. ⑹ South Africa's Harmony Gold rose 2.3%, and Sipany-Stillwater also saw slight gains. ⑺ Canadian miners performed particularly well, with Agnico Eagle Mines' share price rising 3.6%. ⑻ Kinross Gold's share price surged 4.4%. ⑼ These data show that, against the backdrop of growing global economic uncertainty and geopolitical risks, gold's appeal as a traditional safe-haven asset has resurfaced. ⑽ Investors have flocked to the precious metals market, boosting the stock performance of related mining companies.
