Gold extended losses, after its biggest plunge in more than a decade on Friday, as silver also sank deeper, reversing a record-breaking rally that appeared to have run too far, too fast.
Yihui Xie
Demand for gold exceeded 5000 tonnes for the first time, reaching a record 5002 tonnes in 2025, the World Gold Council reports.
Staff Writers
Bitcoin’s ‘digital gold’ promise is unravelling as traders forgo the token for surging metals, hurting a narrative that once defined the asset’s macro appeal.
David Pan and Muyao Shen
The appointment was announced with the promotion of Matthew Nixon to chief executive, with outgoing non-executive chair Tony Kiernan to remain on Genesis’ board as lead independent director.
Sean Smith
Gold has surged to a fresh record high, extending a breakneck rally fuelled by US dollar weakness and a flight from sovereign bonds and currencies.
The State Government is set to miss out on more than $500 million this financial year by not adopting its recommended gold royalty rate.
Adrian Rauso
The new crew at recently resuscitated gold producer Wiluna Mining are hoping tailwinds of technical nous and record prices will give them another crack at getting the de-listed company back on the ASX.
Simone Grogan
Precious metals are soaring as investors continue to load up on hard assets as a hedge against geopolitical tensions and economic uncertainty.
Aaron Gregg
A Zijin Mining Group subsidiary has agreed to buy Allied Gold, which owns gold mines in Africa, for $C5.5 billion ($5.8b) in the latest step in the Chinese company’s rapid growth.
William Clowes
Gold advanced beyond $US5000 an ounce for the first time, extending a breakneck rally fuelled by US President Donald Trump’s reshaping of international relations.
Robin Paxton and Yihui Xie
An unwavering commodities boom has a star Perth fund manager hungry for more and led a Trans-Tasman investment bank to beef up its team for a bigger slice of mining deals out west.
The spot price for silver has reached $US100 an ounce for the first time after surging more than 200 per cent in the past year.
Forecasters at ANZ have joined the bullish chorus betting gold has the momentum to get above the next psychological threshold of $US5000.
The listed stockbroker flagged a doubled interim profit of about $13.84 million, well in excess of the $10.3m it made for the whole of the 2025 financial year.
Gold rose to an all-time high, supported by a weaker dollar following US data that showed resilience in the job market and consumer spending.
Plant failures, production cuts and $230 million in unexpected spending have ignited a fiery dust-up between the CEO of Australia’s biggest gold miner and frustrated analysts.
Simone Grogan and Adrian Rauso
Andrew Forrest’s Wyloo has snapped up Newmont’s remaining stake in Greatland Resources for $200 million, paying about $700m below market value.
Northern Star Resources has revealed the extent of foreshadowed damage to operating costs following a hapless three months of mine issues, providing some relief for shareholders.
Gold and silver jumped to record highs as President Donald Trump’s intensifying push to take Greenland spurred fears of a damaging trade war between the US and Europe.
Australian billionaire Gina Rinehart has lauded Saudi Arabia’s “pro-mining policies” after winning a bid for five licences to explore for gold in the Middle Eastern kingdom alongside its biggest miner.
Mining stocks jumped at the start of the year after gold, silver and copper all hit record highs Wednesday, extending a rally fueled by geopolitical tension and renewed demand for safe-haven assets.
Monique Mulima
Silver broke above $US90 an ounce for the first time and gold rose as weaker-than-expected US inflation data supported the case for more rate cuts, while the geopolitical situation remained tense.
Kanupriya Kapoor and Yihui Xie
Gold and silver hit records as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over its independence, while protests in Iran supported haven demand.
Yihui Xie and Preeti Soni
Ramelius Resources has affirmed it’s on track for full-year production targets and expecting first ore from the much-vaunted Never Never deposit in a matter of months.
