Why AngloGold Ashanti PLC (AU) Soared Last Week?
From Yahoo Finance: 2025-04-12 18:46:00
Last week, 10 firms defied the market slump and saw double-digit gains, including AngloGold Ashanti PLC (AU). The stock market recovered on Friday amid the US-China trade war. The Nasdaq led with a 7.29 percent gain, followed by the S&P 500 at 5.7 percent and the Dow Jones at 4.95 percent.
Investors sought refuge in gold and biopharmaceutical stocks, driving up prices. AngloGold Ashanti PLC (AU) saw a 27.5 percent increase, closing at $42.79 on Friday. Gold prices hit a new all-time high of $3,237.61 per ounce. AU operates in 11 countries with diverse mining operations and exploration projects.
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