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Gold
Mako Gold (ASX:MKG) Reports Shallow High-Grade Gold Discovery in Scout Drilling at Tchaga North
August 13, 2024 09:55 AM AEST| By Team Kalkine MediaMako Gold (ASX:MKG) has reported a significant discovery of shallow, high-grade gold at its Tchaga North prospect during a recent scout drilling campaign. The company drilled 1,200 meters using a Reverse Circulation (RC) rig, uncovering promising gol...
Aussie Gold Miners Achieve Strongest Quarter Yet
July 26, 2024 07:13 PM AEST| By Team Kalkine MediaAustralian gold producers are reporting record sales as the bullion spot price surged to an all-time high of US$2,483.63 during the second quarter of the year. The weakening Australian dollar has contributed to higher local gold prices, benefiting go...
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Australian Gold Miners Experience Largest Intraday Decline Since June Despite Weekly Gains
July 19, 2024 03:13 PM AEST| By Team Kalkine MediaAustralian gold miners (INDEXASX: XGD) saw their shares fall by as much as 3.4%, marking the biggest intraday percentage decline since 11 June 2024. Despite this sharp drop, the sub-index remains on track for its third consecutive weekly gain.,Gold P...
What's Driving Momentum in Australian Gold Stocks on Wednesday?
July 17, 2024 02:50 PM AEST| By Team Kalkine MediaAustralian gold stocks, represented by the AXGD index, surged as much as 2.99% to reach their highest levels since November 17, 2020, buoyed by a robust rally in global gold prices. This rally comes as gold prices soared to all-time highs on Wednesda...
Australian Gold Stocks Sub-Index Reaches New Highs Amid Rate Cut Hopes
July 12, 2024 03:25 PM AEST| By Team Kalkine MediaThe sub-index of Australian gold stocks (INDEXASX: XGD) surged as much as 3.23% on Friday, reaching its highest level since 22 May 2024. This marks the ninth consecutive session of gains, positioning the sub-index for a remarkable 6.6% weekly gain, t...
ASX 200 Gold Stocks Rally Amid Rising Gold Prices
July 08, 2024 12:00 AM AEST| By Team Kalkine MediaA number of,ASX 200 gold stocks,have experienced significant gains on Monday, driving the S&P/ASX All Ords Gold Index up by an impressive 1.7% in morning trade. This surge follows a notable rise in gold prices on Friday night, fueled by hopes of pote...
Australian Gold Stocks Decline to Lowest Levels Due to Market Pressures
June 27, 2024 12:43 PM AEST| By Team Kalkine MediaAustralian gold stocks, represented by the XGD index, experienced a decline of up to 0.7%, marking their lowest level since 28 March 2024. This downturn coincided with a broader retreat in gold prices, which fell by 1% to their lowest point in over t...
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Australian Gold Sub-Index Dips to Lowest Since June on Rising US Dollar and Treasury Yields
June 26, 2024 03:39 PM AEST| By Team Kalkine MediaThe Australian gold sub-index (INDEXASX: XGD) experienced a notable decline on Wednesday, dropping by as much as 3.06%, its lowest level since 18 June 2024. This downward movement in the sub-index is largely a reflection of the overnight fall in gold...
Australian Gold Stocks Surge as Inflation Eases and Gold Prices Rise
June 17, 2024 02:58 PM AEST| By Team Kalkine MediaAustralian gold stocks witnessed a significant uptick on Monday (17 June 2024), with the gold stocks sub-index rising by as much as 0.6%. This positive movement comes as gold prices marked their first weekly gain in four weeks, driven by signs of slo...
Australian Gold Stocks See Sharp Decline Amid Anticipation of U.S. Inflation Data
June 11, 2024 03:22 PM AEST| By Team Kalkine MediaAustralian gold stocks experienced a significant drop on Tuesday, falling as much as 5.48%, marking their largest intraday percentage loss since 26 September 2022. The sub-index plummeted to its lowest level since 6 May, reflecting a broader downturn...
Australian Gold Stocks Shine, Reaching Highest Levels Since May
June 07, 2024 03:42 PM AEST| By Team Kalkine MediaAustralian gold stocks (INDEX: XGD) experienced a significant uptick on 7 June 2024, surging as much as 1.61% to reach their highest level since May 23. This notable rise was fueled by a parallel increase in gold prices, which soared to a two-week hi...
Australian Gold Stocks Experience Decline Amidst Falling Gold Prices
June 05, 2024 03:15 PM AEST| By Team Kalkine MediaAustralian gold stocks (INDEXASX: XGD) faced a notable downturn, dropping as much as 1.16% to reach their lowest level since early-May. The decline in gold prices, coupled with broader market factors, contributed to the bearish sentiment surrounding...
Kula Gold (ASX: KGD) Shares Surge on Mt Palmer Acquisition
May 31, 2024 04:14 PM AEST| By Team Kalkine MediaKula Gold Limited (,ASX: KGD,) saw its shares skyrocket by 30% to trade at 1.3 cents during afternoon trade on 31 May 2024. This surge follows the company’s exciting update regarding the acquisition of mining lease M77/0406 and exploration leases E77...
Australian Gold Stocks Sub-Index Plummets 3.65% Amid Profit Booking and Fed Rate Cut Uncertainty
May 23, 2024 04:25 PM AEST| By Team Kalkine MediaThe sub-index of Australian gold stocks (INDEXASX: XGD) experienced a significant decline, plummeting by as much as 3.65% in its most substantial intraday drop since 1 May. This downturn came in the wake of a notable dip in gold prices, which fell ov...
ASX Gold Sub-Index Surges Amid Interest Rate Speculations, NST and EVN gains over 1%
May 10, 2024 04:02 PM AEST| By Team Kalkine MediaThe Australian gold sub-index surged by up to 1.77% on Friday, reaching its peak level since 1 May, driven by a rally in gold prices amid speculations of an impending interest rate cut by the Federal Reserve. This surge follows a boost in economic da...
Citigold (ASX: CTO) charting course to unlock full potential of Charters Towers Gold Project
April 19, 2024 06:14 PM AEST| By Sonal GoyalHighlights,Citigold Corporation is focused on the Gold Mine Restart initiative for the Charters Towers Gold Project.,The company has invested over AU$300 million in acquiring and developing the deposit.,During the test mining phase, it produced 100,0...
Gold Road Resources (ASX: GOR) Struggles On Friday. Here’s why.
April 19, 2024 03:50 PM AEST| By Team Kalkine MediaGold Road Resources Ltd (,ASX: GOR,), a prominent player in the gold sector, has faced challenges in keeping up with its competitors in recent months, despite the surge in the price of gold. While the broader market and gold index have shown robust g...
Investor Confidence Soars: Australian Gold Stocks Rally Amidst Economic Volatility
April 12, 2024 05:01 PM AEST| By Team Kalkine MediaAustralian gold stocks surged, with the gold index (INDEXASX: XGD) climbing as much as 1.49% on 12 April 2024 to reach its highest level since January 6, 2021. The gold sub-index demonstrated strength, poised for its best day since April 8, and poten...
ASX 200 gold stock poised for further growth, predicts leading broker
April 04, 2024 06:05 PM AEDT| By Team Kalkine MediaS&P/ASX 200 Index gold stocks have been delivering remarkable gains to investors lately, fueled by a surge in the price of gold. The yellow metal reached new record highs, trading above US$2,302 per ounce, signaling a significant uptrend in the marke...
Australian gold stocks decline to multi-month highs amidst geopolitical tensions
April 03, 2024 04:52 PM AEDT| By Team Kalkine MediaAustralian gold stocks, represented by the XGD sub-index, have declined by as much as 0.61%. This uptrend signals the sub-index's potential sixth consecutive session of gains if the current trajectory persists.,The rally in Australian gold stocks com...
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