Why AngloGold Ashanti Plc (AU) Surged On Friday?
From Yahoo Finance: 2025-04-12 02:11:00
The stock market ended the week positively despite trade tensions between US and China. Major indices rose with Nasdaq up 2.06%, S&P 500 up 1.81%, and Dow Jones up 1.56%. Ten companies, mainly in mining and biopharma sectors, saw gains due to industry catalysts. AngloGold Ashanti Plc (AU) surged 10.14% on Friday, reaching $42.79 per share alongside record-high gold prices. Gold prices hit $3,233.96 per ounce on Friday due to trade tensions between US and China. AU is a global gold mining company with operations in 11 countries and ranks 8th on Friday’s top performing stocks list.