AngloGold Ashanti Rallies as Gold Prices Surge Amid Geopolitical Uncertainty
AngloGold Ashanti (AU) shares surged 5.6% on Thursday, mirroring a 2.5% rise in gold prices. The precious metal has gained 65.3% in 2025, while the miner's stock has skyrocketed 244%, highlighting its Leveraged exposure to bullion. Gold's rally reflects its role as a safe haven amid geopolitical tensions, stagflation fears, and eroding confidence in U.S. dollar assets.
The 10-year Treasury yield dipped below 4% for the first time since April, while Bitcoin—often dubbed 'digital gold'—was notably absent from today's risk-off flows. Central banks and investors continue pivoting to hard assets as tariff wars and government shutdowns destabilize traditional markets.