Gold miner shares rise as bullion hits record US$5,100 an ounce

Gold reached a record US$5,100 an ounce on Monday, and the article reports that shares of several gold and silver miners rose in morning trading.

Gold prices climbed to a record US$5,100 an ounce on Monday, extending a multi-week rally reported in the article. The rise follows steep gains in 2025 and increased demand from central banks and investors. Analysts and market watchers cited easing U.S. monetary policy, central bank buying and ETF flows as drivers. The article also reports that silver scaled above US$100 an ounce amid the broader metals rally. Key facts: - Gold hit a record US$5,100 an ounce, after rising about 64% in 2025, the article reports. - The article mentions analysts at Societe Generale who said they see gold reaching US$6,000 an ounce by year-end and called that a conservative estimate. - The article mentions that shares of major miners rose in morning trading, with Newmont up about 2.4% and Barrick up about 2.6%. - The article reports silver topped US$100 an ounce and that several silver miners and related ETFs posted notable gains. Summary: The article notes that higher bullion prices have the effect of strengthening miners' revenues, margins and cash flows. Market drivers cited include expectations of potential U.S. interest-rate cuts, central bank buying and safe-haven demand; further developments are undetermined at this time.