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Gold Prices Surge Amid US-China Trade Tensions

6/2/2025

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Story summary
  • Australian gold miners experienced gains as demand for gold surged amid US-China trade tensions and Russia-Ukraine strikes.
  • Ramelius Resources and Evolution Mining were among the top performers on the ASX 200.
  • Spot gold rose by 0.67% to US$3,311 per ounce, reflecting heightened tensions ahead of peace talks in Istanbul.