Gold miner shares jump as bullion prices hit $5 100/oz record high
Shares of gold miners jumped in premarket trading on Monday, as bullion prices surged to a record high of $5 100 an ounce, extending a historic rally driven by safe-haven demand amid geopolitical uncertainties and market volatility.
Gold rose about 64% in 2025, its steepest annual increase since 1979, fuelled by US monetary policy easing, robust central bank buying and investor flows into ETFs as a hedge against global policy risks and macro uncertainty.
A low-interest-rate environment and economic uncertainty traditionally favour non-yielding assets such as gold.
Bullion prices have set consecutive record peaks over the past week and have already risen more than 18% this year.
A higher gold price environment typically boosts miners' revenues and margins, strengthens cash flows and balance sheets, and gives companies more room to fund expansion, dividends or debt reduction.
Top miner Newmont rose 4.4% and US-listed shares of Barrick Mining climbed 3.8%.
US-listed shares of South African miners Gold Fields, AngloGold Ashanti, Harmony Gold and Sibanye Stillwater were up between nearly 2% and 4.3%.
Market expectations of potential interest cuts in the US in 2026 have also contributed to the upward momentum in gold prices.
US-listed shares of Canadian miners Agnico Eagle Mines and Kinross Gold were each up 4%.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation


















