• Central banks will drive the price of gold higher in 2024, believe various analysts
  • Spot gold prices seem stable to strong as we close out the year
  • The week’s top ASX gold-related stocks led by: KCC, EMU, MTC
  • The year’s top ASX goldies led by: SPR, OBM, BEZ

 

Before we delve into another gold article hook for one last week this year, let’s get a bead on the latest gold pricings.

First up, US of Larry Finkin’ A. Spot gold in USD is currently doing just fine at $2,053 per ounce.

In Aussie plastic bucks, it’s also not too far from all-time highs again, changing hands for $3,028.

Sporting roughly 11.6% YTD performance, it’s been a pretty decent year for the prettiest commodity of all.

That said some of you might think this > , and its 163% YTD gain is even prettier. (Is Bitcoin a commodity, though? SEC chair Gary Gensler can’t give a straight answer, but it very likely is. It can’t really be a security. There’s literally no one tangible, no governing body, to pin it to. We digress…)

Spot gold price (USD) YTD Source: abcbullion.com.au

 

So, who’s been the biggest buyer of actual, physical gold this year? Yep, you guessed it – it’s the world’s central banks. No surprise there.

And also no real surprise, it’s been led by the most centralised of all central banks – the People’s Bank of China (PBoC). And by a considerable margin.

 

China reaches ‘lucky 13th’ month of buying 

Source: World Gold Council – last updated for 2023 September quarter

 

The PBoC recently disclosed it had bought yet more gold in November, its 13th consecutive month.

Luckily, 13 is not an unlucky number in China. In fact, it’s generally associated with “assured growth”.

Perhaps the bank ought to leave it there, then, because 14 translates to something more like “assured shrinkage”.

There’s every chance it and other major world central banks have remained in full Smaug mode (gathering and hoarding the yellow metal) in December and will likely do so into 2024.

Why’s that, then?

The World Gold Council has some reasons, as do various analysts such as Sprott Asset Management and deVere Group’s Nigel Green and others.

Let’s run through a few of the main factors…

 

Helping the case for gold in 2024

• De-dollarisation – you’ll notice in that chart above that (along with Japan, Switzerland, Thailand, Hong Kong and South Korea) BRICS nations’ central banks are prominent in the top 10 buyers of gold this year.

The move to reduce exposure risk to the US dollar has been a big part of gold’s good year, sending it to all-time highs recently.

A Sprott Asset Management report this month suggested that fears about assets being vulnerable, following the US seizure of Russia’s foreign exchange reserves of US$650 billion in February last year, have spurred central banks to “diversify away from USD and USD-based assets” and to buy more gold.

“In Q3 2023, central banks resumed their torrid gold purchasing pace, buying 337 tonnes of gold to bring the average of the last five quarters to 328 tonnes per quarter.”

• The US Federal Reserve and remaining recession risk – The Fed’s actions play into the thesis above for many a global counterpart central bank.

Jerome Powell and mates raised interest rates 11 times since March 2022, which pushed the US federal funds rate to the highest levels in 22 years. The Fed has now signalled at least three rate cuts next year.

Take this next commentary with a grain of salt, as it comes from a state-owned Chinese propaganda pamphlet, but China Daily notes: “The decline in the credit of dollar assets, as well as the risk of asset impairment caused by the US’ rate cuts, has also caused other central banks to sell dollars and buy gold.” Proposed 2024 rate cuts, that is.

Meanwhile, Robin Tsui, gold strategist for SPDRS ETFs in Asia Pacific at State Street Global Advisors (takes breath) said the following, in conversation with AsianInvestor:

“A shift to a more dovish Fed supports gold’s prospects, while the US dollar’s outlook in 2024 is lukewarm as a scenario of interest rate cuts may spur demand for non-dollar currencies as interest rate spreads narrow globally.”

By the way, Bloomberg’s commodities expert Mike McGlone reckons gold has the upper-hand advantage over its digital rival Bitcoin, in the event of US recession.

• Geopolitcal turmoil – Yep, feeding the classic gold bug safe-haven schtick.

Geopolitics as a general narrative added about 3 to 6% to gold’s performance in 2023, the World Gold Council recently noted.

“Since the Russia-Ukraine war, central banks have been buying at 2.58 times the prior quarterly average of the preceding decade,” said Sprott, which believes global conflicts and de-dollarisation diversification factors have “put a floor under gold prices”.

Obviously ongoing conflict in Gaza and Israel is another contributing factor at play in gold’s age-old flight to safety, store-of-value narrative.

As deVere’s Nigel Green noted in his breakdown of risk factors for global markets in 2024: “Diversification and risk management strategies will be crucial for investors to navigate potential geopolitical shocks emanating from the Middle East.”

• A big election year globally – An addendum to the geopolitical turmoil above, “2024 is marked by decisive elections in over 40 countries, representing more than 50% of the world’s GDP,” noted Green.

“Investors are likely to face increased volatility in the lead-up to and aftermath of elections. Shifts in political landscapes typically result in policy changes that impact various sectors, prompting investors to reassess their portfolios.”

Regarding this, The World Gold Council reckons: “In a year with major elections taking place globally, including the US, EU, India and Taiwan, investors’ need for portfolio hedges will likely be higher than normal.”

WGC strategist Joseph Catavoni also suggested to The Australian recently that:

“There are a lot of elections to be held in 2024 and this creates a very uncertain outlook that could provide uplift to gold markets and other risk assets. Markets are likely to react very differently to a Republican or Democrat outcome in the US.”

 

Re central bank buying, though – a caveat

Per the South China Morning Post, The World Gold Council’s Shaokai Fan noted and caveated:

“On the whole, we expect central banks to continue buying gold in 2024 but the levels may not reach the record amounts of buying that we have witnessed recently.”

And that’s because, while the central bank buying helps to push the price of gold higher, banks are ultimately likely to slow down when prices rise, then wait for a price dip.

And, gotta love a bullish price prediction…

… although, we have seen at least one forecast that’s quite a bit higher not so long ago.

But this one comes from that SCMP article mentioned above:

“Central bank purchases may stumble as gold prices are expected to rise as and when the Federal Reserve starts cutting rates next year. Prices could rise to US$2,400-US$2,500 per ounce by the middle of next year,” said Gnanasekhar Thiagarajan, director of Commtrendz Risk Management in India.

Not bad. We’ll take it.

 

Winners & Losers

Here’s how ASX-listed precious metals stocks are performing:

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop.

Stocks missing from this list? Email [email protected] 

Code Company Price % Week % Month % Year Market Cap
MRR Minrex Resources Ltd 0.0165 3% -3% -48% $17,900,314
NPM Newpeak Metals 0.023 35% 15% -77% $1,999,035
ASO Aston Minerals Ltd 0.022 -4% -29% -74% $31,081,542
MTC Metalstech Ltd 0.26 33% 79% -45% $44,404,329
FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315
GED Golden Deeps 0.045 0% -6% -55% $5,198,506
G88 Golden Mile Res Ltd 0.02 0% -5% -2% $6,587,790
DCX Discovex Res Ltd 0.002 0% 0% -33% $6,605,136
NMR Native Mineral Res 0.019 -5% -30% -83% $3,985,260
AQX Alice Queen Ltd 0.0055 10% -8% -84% $3,800,413
SLZ Sultan Resources Ltd 0.02 -13% 25% -76% $2,963,801
MKG Mako Gold 0.011 10% 10% -73% $6,624,094
KSN Kingston Resources 0.078 -3% -15% -6% $38,841,023
AMI Aurelia Metals Ltd 0.11 0% -4% -8% $185,874,414
PNX PNX Metals Limited 0.003 -25% -25% -29% $16,141,874
GIB Gibb River Diamonds 0.03 7% 0% -53% $6,345,283
KCN Kingsgate Consolid. 1.26 -11% -13% -30% $324,767,132
TMX Terrain Minerals 0.005 25% 0% -17% $6,767,139
BNR Bulletin Res Ltd 0.14 0% 8% 40% $39,637,799
NXM Nexus Minerals Ltd 0.042 -11% -29% -79% $17,507,706
SKY SKY Metals Ltd 0.039 8% 8% -24% $17,994,526
LM8 Lunnonmetalslimited 0.58 -3% -11% -33% $130,233,745
CST Castile Resources 0.08 -4% 21% -17% $19,352,194
YRL Yandal Resources 0.091 15% 1% -8% $20,655,902
FAU First Au Ltd 0.004 0% 100% 0% $6,647,973
ARL Ardea Resources Ltd 0.47 -4% 8% -36% $94,568,119
GWR GWR Group Ltd 0.094 1% 12% 66% $30,194,366
IVR Investigator Res Ltd 0.036 -5% -29% -14% $55,430,428
GTR Gti Energy Ltd 0.0095 19% 19% -12% $20,499,471
IPT Impact Minerals 0.013 18% 24% 86% $31,511,743
BNZ Benzmining 0.23 -4% -22% -43% $25,693,639
MOH Moho Resources 0.01 0% 11% -52% $5,359,412
BCM Brazilian Critical 0.026 0% 8% -74% $17,758,964
PUA Peak Minerals Ltd 0.0035 17% 17% -30% $3,124,130
MRZ Mont Royal Resources 0.145 -3% -9% -17% $12,329,320
SMS Starmineralslimited 0.038 9% 3% -45% $2,885,066
MVL Marvel Gold Limited 0.012 0% 14% -54% $10,365,488
PRX Prodigy Gold NL 0.006 0% -33% -54% $12,257,755
AAU Antilles Gold Ltd 0.023 0% 0% -28% $18,884,459
CWX Carawine Resources 0.11 0% 0% 12% $25,973,799
RND Rand Mining Ltd 1.37 0% 7% 1% $77,920,067
CAZ Cazaly Resources 0.03 3% -17% -3% $13,639,090
BMR Ballymore Resources 0.13 8% -13% -16% $22,041,323
DRE Dreadnought Resources Ltd 0.029 -3% -12% -70% $100,893,116
ZNC Zenith Minerals Ltd 0.14 -13% 0% -45% $49,333,324
REZ Resourc & En Grp Ltd 0.012 0% -25% -25% $5,997,669
LEX Lefroy Exploration 0.175 3% 3% -34% $35,952,714
ERM Emmerson Resources 0.054 -2% -8% -29% $29,959,038
AM7 Arcadia Minerals 0.069 -5% -19% -64% $7,524,457
ADT Adriatic Metals 3.65 -11% 12% 16% $874,807,240
AS1 Asara Resources Ltd 0.011 10% -8% -63% $8,720,040
CYL Catalyst Metals 0.7 -10% -33% -42% $159,614,219
CHN Chalice Mining Ltd 1.4325 -19% -8% -77% $575,665,690
KAL Kalgoorliegoldmining 0.029 16% 16% -65% $4,596,521
MLS Metals Australia 0.036 3% 0% -23% $22,465,303
ADN Andromeda Metals Ltd 0.023 -4% 5% -48% $71,530,194
MEI Meteoric Resources 0.295 13% 44% 368% $567,184,156
SRN Surefire Rescs NL 0.0085 0% -11% -23% $15,705,263
SIH Sihayo Gold Limited 0.0015 0% -25% -25% $18,306,384
WA8 Warriedarresourltd 0.055 2% -13% -66% $26,031,517
HMX Hammer Metals Ltd 0.046 -10% -19% -32% $42,547,553
WCN White Cliff Min Ltd 0.009 0% -25% -36% $11,489,034
AVMDC Advance Metals Ltd 0.036 -10% -40% -78% $1,300,224
WRM White Rock Min Ltd 0.063 0% 0% -10% $17,508,200
ASR Asra Minerals Ltd 0.007 0% 0% -67% $11,455,470
MCT Metalicity Limited 0.002 0% 0% -33% $8,970,108
AME Alto Metals Limited 0.043 0% -2% -37% $31,025,496
CTO Citigold Corp Ltd 0.005 -17% 0% 0% $14,368,295
TIE Tietto Minerals 0.5975 -4% -4% -23% $677,934,271
SMI Santana Minerals Ltd 0.965 -4% 19% 46% $178,720,666
M2R Miramar 0.023 10% 21% -70% $3,126,260
MHC Manhattan Corp Ltd 0.003 -25% -25% -50% $8,810,939
GRL Godolphin Resources 0.04 5% 5% -46% $7,615,891
SVG Savannah Goldfields 0.044 -12% -20% -73% $8,834,037
EMC Everest Metals Corp 0.079 -2% -9% -12% $13,552,498
GUL Gullewa Limited 0.055 0% 0% -8% $11,262,521
CY5 Cygnus Metals Ltd 0.12 -4% -20% -69% $33,529,301
G50 Gold50Limited 0.135 0% 13% -44% $14,754,150
ADV Ardiden Ltd 0.17 -3% -6% -51% $10,940,564
AAR Astral Resources NL 0.074 1% -8% -1% $59,482,315
VMC Venus Metals Cor Ltd 0.1 -5% -5% 27% $18,972,868
NAE New Age Exploration 0.005 -17% -29% -29% $9,866,444
VKA Viking Mines Ltd 0.014 8% 8% 56% $14,353,618
LCL LCL Resources Ltd 0.0165 3% -25% -68% $16,169,492
MTH Mithril Resources 0.002 0% 0% -43% $6,737,609
ADG Adelong Gold Limited 0.0055 10% -8% -8% $3,848,106
RMX Red Mount Min Ltd 0.003 0% 0% -33% $8,020,728
PRS Prospech Limited 0.03 -6% -6% 12% $8,104,462
XTC XTC Lithium Limited 0.2 19900% 0% -67% $17,528,272
TTM Titan Minerals 0.025 -11% -14% -65% $42,281,734
NML Navarre Minerals Ltd 0.019 0% 0% -57% $28,555,654
MZZ Matador Mining Ltd 0.044 -6% -27% -63% $22,576,405
KZR Kalamazoo Resources 0.135 23% 4% -45% $18,850,642
BCN Beacon Minerals 0.025 -4% -17% -11% $93,919,204
MAU Magnetic Resources 1 -2% -7% 18% $244,667,260
BC8 Black Cat Syndicate 0.23 -8% -22% -41% $71,384,856
EM2 Eagle Mountain 0.076 3% 36% -54% $23,177,482
EMR Emerald Res NL 2.975 -4% 3% 149% $1,828,261,292
BYH Bryah Resources Ltd 0.013 0% -13% -46% $5,636,894
HCH Hot Chili Ltd 1 -1% -7% 12% $119,445,206
WAF West African Res Ltd 0.9275 -6% -5% -23% $933,762,900
MEU Marmota Limited 0.042 2% 0% -9% $43,410,824
NVA Nova Minerals Ltd 0.36 -1% 29% -45% $78,029,286
SVL Silver Mines Limited 0.165 -3% -15% -20% $224,693,143
PGD Peregrine Gold 0.27 6% 0% -27% $18,759,015
ICL Iceni Gold 0.058 12% -6% -30% $13,684,000
FG1 Flynngold 0.05 -4% -34% -49% $7,286,213
WWI West Wits Mining Ltd 0.012 9% 0% -20% $29,164,700
RML Resolution Minerals 0.0035 17% 17% -50% $4,409,989
AAJ Aruma Resources Ltd 0.027 0% -16% -47% $5,316,071
AL8 Alderan Resource Ltd 0.005 0% -23% -38% $6,641,168
GMN Gold Mountain Ltd 0.0055 10% 10% -21% $11,345,393
MEG Megado Minerals Ltd 0.03 -17% 20% -27% $7,633,667
HMG Hamelingoldlimited 0.08 1% -2% -45% $12,600,000
TBA Tombola Gold Ltd 0.026 0% 0% 0% $33,129,243
BM8 Battery Age Minerals 0.225 22% 7% -55% $17,827,378
TBR Tribune Res Ltd 2.87 0% 0% -27% $154,256,146
FML Focus Minerals Ltd 0.18 3% 3% -16% $50,147,763
GSR Greenstone Resources 0.008 0% -11% -75% $10,944,908
VRC Volt Resources Ltd 0.006 -8% -14% -57% $26,845,694
ARV Artemis Resources 0.019 -5% -17% -21% $32,132,727
HRN Horizon Gold Ltd 0.25 -17% -12% -19% $43,451,977
CLA Celsius Resource Ltd 0.012 0% -8% -33% $29,198,672
QML Qmines Limited 0.078 -1% -8% -53% $16,452,232
RDN Raiden Resources Ltd 0.038 -12% -12% 567% $100,881,924
TCG Turaco Gold Limited 0.13 4% 4% 124% $76,336,000
KCC Kincora Copper 0.044 -2% 52% -37% $9,143,192
GBZ GBM Rsources Ltd 0.009 0% -33% -78% $6,582,896
DTM Dart Mining NL 0.016 -6% 0% -71% $3,641,274
MKR Manuka Resources. 0.075 -5% 50% -12% $42,949,125
AUC Ausgold Limited 0.028 -13% -18% -42% $68,884,236
ANX Anax Metals Ltd 0.029 -3% 7% -45% $13,946,611
EMU EMU NL 0.001 0% 0% -80% $2,024,771
SFM Santa Fe Minerals 0.043 0% 0% -46% $3,131,208
SSR SSR Mining Inc. 15.75 -4% -13% -35% $100,767,340
PNR Pantoro Limited 0.052 -9% -5% -42% $265,405,556
CMM Capricorn Metals 4.445 -8% -9% -9% $1,641,342,052
X64 Ten Sixty Four Ltd 0.57 0% 0% -12% $130,184,182
SI6 SI6 Metals Limited 0.005 0% -17% -17% $7,975,438
HAW Hawthorn Resources 0.095 2% 19% -17% $33,166,546
BGD Bartongoldholdings 0.265 0% 8% 8% $52,795,056
SVY Stavely Minerals Ltd 0.044 -6% -25% -80% $16,423,424
AGC AGC Ltd 0.072 -1% 4% 22% $15,333,333
RGL Riversgold 0.013 8% -19% -54% $12,579,599
TSO Tesoro Gold Ltd 0.027 0% 0% -29% $33,378,720
GUE Global Uranium 0.098 -1% 1% -37% $19,311,016
CPM Coopermetalslimited 0.38 7% -1% 58% $24,455,147
MM8 Medallion Metals. 0.062 -5% -6% -59% $19,997,357
FFM Firefly Metals Ltd 0.575 -8% 0% -35% $215,803,073
CBY Canterbury Resources 0.025 -7% -11% -39% $4,293,522
LYN Lycaonresources 0.19 -5% 23% -31% $7,049,000
SFR Sandfire Resources 7.03 -4% 11% 25% $3,317,764,853
TMZ Thomson Res Ltd 0.005 0% 0% -72% $4,881,018
TAM Tanami Gold NL 0.035 0% -8% -10% $41,128,397
WMC Wiluna Mining Corp 0.205 0% 0% 0% $74,238,031
NWM Norwest Minerals 0.032 19% 7% -33% $9,202,224
ALK Alkane Resources Ltd 0.65 -3% -10% 13% $386,199,883
BMO Bastion Minerals 0.016 -16% 7% -47% $4,983,105
IDA Indiana Resources 0.083 12% 38% 43% $51,679,913
GSM Golden State Mining 0.015 0% -21% -70% $4,050,874
NSM Northstaw 0.049 -2% -26% -71% $6,853,913
GSN Great Southern 0.02 0% -5% -33% $15,092,704
RED Red 5 Limited 0.2875 -9% -24% 22% $1,004,502,159
DEG De Grey Mining 1.1975 -5% -15% -15% $2,193,749,647
THR Thor Energy PLC 0.03 3% 0% -50% $5,395,054
CDR Codrus Minerals Ltd 0.062 9% 11% -50% $5,436,625
MDI Middle Island Res 0.016 0% 7% -58% $3,482,464
WTM Waratah Minerals Ltd 0.11 -8% 197% -27% $16,430,095
POL Polymetals Resources 0.305 -2% 11% 27% $46,411,308
RDS Redstone Resources 0.005 0% -17% -38% $5,528,271
NAG Nagambie Resources 0.028 -3% -7% -56% $23,027,094
BGL Bellevue Gold Ltd 1.48 -13% -18% 27% $1,694,783,210
GBR Greatbould Resources 0.064 0% -11% -32% $38,315,981
KAI Kairos Minerals Ltd 0.0145 -6% -3% -28% $38,003,227
KAU Kaiser Reef 0.145 -12% -17% -17% $24,801,365
HRZ Horizon 0.038 -5% -5% -38% $28,039,347
CAI Calidus Resources 0.205 -7% 5% -27% $131,530,839
CDT Castle Minerals 0.009 0% -10% -59% $11,020,437
RSG Resolute Mining 0.415 -11% -9% 102% $904,846,256
MXR Maximus Resources 0.034 -3% -32% -15% $10,900,596
EVN Evolution Mining Ltd 3.805 -5% -8% 21% $7,487,169,749
CXU Cauldron Energy Ltd 0.031 29% 107% 424% $30,586,655
DLI Delta Lithium 0.415 -12% -11% -5% $320,147,052
ALY Alchemy Resource Ltd 0.01 0% 0% -60% $11,780,763
HXG Hexagon Energy 0.012 -8% 33% -29% $6,154,991
OBM Ora Banda Mining Ltd 0.245 7% 0% 172% $409,624,769
SLR Silver Lake Resource 1.13 -8% -2% -10% $1,042,239,931
AVW Avira Resources Ltd 0.0015 0% 0% -40% $3,200,685
LCY Legacy Iron Ore 0.018 6% 13% -5% $115,322,872
PDI Predictive Disc Ltd 0.2075 -1% -14% 5% $415,248,818
MAT Matsa Resources 0.028 8% 8% -20% $13,402,873
ZAG Zuleika Gold Ltd 0.018 0% 6% -14% $13,249,539
GML Gateway Mining 0.02 -20% -9% -68% $7,829,565
SBM St Barbara Limited 0.205 0% -5% -41% $163,594,076
SBR Sabre Resources 0.03 -6% -14% -29% $11,224,752
STK Strickland Metals 0.125 39% -31% 213% $195,886,577
ION Iondrive Limited 0.012 0% 0% -54% $5,835,423
CEL Challenger Gold Ltd 0.072 6% 0% -59% $89,542,955
LRL Labyrinth Resources 0.007 0% 17% -55% $8,312,806
NST Northern Star 12.95 -6% 0% 13% $14,710,030,285
OZM Ozaurum Resources 0.14 -3% 22% 112% $22,225,000
TG1 Techgen Metals Ltd 0.084 17% 1% -2% $7,977,801
XAM Xanadu Mines Ltd 0.055 2% 4% 90% $96,946,779
AQI Alicanto Min Ltd 0.034 -6% -24% -32% $20,921,451
KTA Krakatoa Resources 0.04 18% -7% -5% $18,884,289
ARN Aldoro Resources 0.12 -8% 45% -37% $16,154,849
WGX Westgold Resources. 1.9825 -10% -9% 111% $961,454,142
MBK Metal Bank Ltd 0.028 4% -7% -17% $10,932,860
A8G Australasian Metals 0.15 -12% -12% -21% $7,818,074
TAR Taruga Minerals 0.013 18% 18% -43% $8,825,335
DTR Dateline Resources 0.01 0% 0% -71% $13,129,455
GOR Gold Road Res Ltd 1.725 -15% -13% -3% $1,859,666,133
S2R S2 Resources 0.155 -3% -23% -11% $72,297,279
NES Nelson Resources. 0.004 14% 0% -43% $2,454,377
TLM Talisman Mining 0.285 21% 39% 111% $56,496,105
BEZ Besragoldinc 0.135 -10% -18% 160% $56,443,622
PRU Perseus Mining Ltd 1.77 -8% -13% -19% $2,410,604,743
SPQ Superior Resources 0.0125 -4% -34% -77% $24,014,645
PUR Pursuit Minerals 0.008 0% 0% -50% $26,495,743
RMS Ramelius Resources 1.655 -4% -5% 67% $1,875,685,315
PKO Peako Limited 0.005 0% 0% -62% $2,635,424
ICG Inca Minerals Ltd 0.012 20% 9% -50% $7,013,226
A1G African Gold Ltd. 0.036 33% 6% -55% $6,095,204
OAU Ora Gold Limited 0.006 -8% -8% 20% $34,136,928
GNM Great Northern 0.019 0% -5% -64% $3,247,211
KRM Kingsrose Mining Ltd 0.04 -5% -9% -43% $30,101,061
BTR Brightstar Resources 0.015 -6% 7% -6% $35,555,683
RRL Regis Resources 2.11 -5% 7% 0% $1,586,211,497
M24 Mamba Exploration 0.06 20% 100% -61% $3,524,525
TRM Truscott Mining Corp 0.055 0% -10% 12% $9,535,188
TNC True North Copper 0.105 -5% -13% 98% $33,067,478
MOM Moab Minerals Ltd 0.008 14% 33% -11% $5,695,708
KNB Koonenberrygold 0.054 13% 69% -10% $6,586,200
AWJ Auric Mining 0.125 9% 81% 95% $17,011,747
AZS Azure Minerals 3.7 1% 0% 1474% $1,683,354,040
ENR Encounter Resources 0.355 15% 18% 97% $134,754,012
SNG Siren Gold 0.07 8% 37% -60% $11,101,075
STN Saturn Metals 0.22 22% 52% 33% $40,195,477
USL Unico Silver Limited 0.11 -12% -12% -29% $34,045,933
PNM Pacific Nickel Mines 0.083 0% -1% 2% $34,715,008
AYM Australia United Min 0.003 0% 50% 0% $5,527,732
ANL Amani Gold Ltd 0.001 0% 0% 0% $25,143,441
HAV Havilah Resources 0.19 0% -31% -40% $60,161,450
SPR Spartan Resources 0.495 -7% 0% 196% $477,031,573
PNT Panthermetalsltd 0.06 0% 9% -68% $5,101,500
MEK Meeka Metals Limited 0.037 -8% -16% -40% $46,918,939
GMD Genesis Minerals 1.625 -12% -14% 29% $1,787,276,663
PGO Pacgold 0.19 -5% -10% -46% $16,829,088
FEG Far East Gold 0.15 0% -6% -68% $25,284,869
MI6 Minerals260Limited 0.33 3% 10% 0% $78,390,000
IGO IGO Limited 8.69 -5% 8% -36% $6,580,657,295
GAL Galileo Mining Ltd 0.27 -2% 2% -70% $50,394,356
RXL Rox Resources 0.185 0% -16% 3% $66,483,767
KIN KIN Min NL 0.064 -2% -3% 0% $77,757,936
CLZ Classic Min Ltd 0.001 0% 0% -88% $12,357,082
TGM Theta Gold Mines Ltd 0.115 5% -8% 69% $84,849,001
FAL Falconmetalsltd 0.125 -14% -17% -56% $22,125,000
SXG Southern Cross Gold 1.15 -12% 10% 60% $104,014,245
SPD Southernpalladium 0.365 -3% 9% -57% $15,077,414
ORN Orion Minerals Ltd 0.015 7% 7% 0% $87,675,520
TMB Tambourahmetals 0.12 4% -23% 14% $9,952,842
TMS Tennant Minerals Ltd 0.033 -3% -6% 10% $24,456,424
AZY Antipa Minerals Ltd 0.017 -11% 21% -23% $70,291,735
PXX Polarx Limited 0.009 29% 20% -63% $11,477,317
TRE Toubaniresourcesinc 0.14 -3% -10% -13% $19,410,522
AUN Aurumin 0.028 17% 17% -55% $9,319,520
GPR Geopacific Resources 0.016 -6% -20% -49% $13,147,478
FXG Felix Gold Limited 0.049 2% -2% -59% $5,816,614
ILT Iltani Resources Lim 0.165 18% 14% 0% $5,611,733
ARD Argent Minerals 0.01 0% -23% -33% $12,917,590
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Best-performing goldies over the past week

The week’s biggest gainers 🚀

Kincora Copper (ASX:KCC) +52%

Emu (ASX:EMU) +50%

MetalsTech (ASX:MTC) +44%

Sultan Resources (ASX:SLZ) +38%

Bastion Minerals (ASX:BMO) +38%

 

Best-performing goldies over the past year

The year’s biggest gainers 🚀

Spartan Resources (ASX:SPR) 178%

Ora Banda (ASX:OBM) 162%

Besra Gold (ASX:BEZ) 160%

Emerald Resources (ASX:EMR) 148%

Westgold Resources (ASX:WGX) 142%

 

 

 

 

 

 

 

 

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