Why these 3 ASX 200 gold shares are racing higher today

Published

5 years ago

April 16, 2021

S&P/ASX 200 Index (ASX: XJO) gold shares are in the spotlight today.

Three of the top ASX 200 gold shares are all racing higher in late afternoon trading.

The Newcrest Mining Ltd (ASX: NCM) share price is up 3.7% to $27.69 per share.

The Northern Star Resources Ltd (ASX: NST) share price has gained 2.9% in intraday trading, currently at $11.21 per share.

And the Evolution Mining Ltd (ASX: EVN) share price leads the golden charge, with Evolution shares up 3.9% to %4.59 per share.

What’s supporting ASX 200 gold shares?

ASX 200 gold shares are broadly enjoying a lift in the gold price.

Analysts are crediting the yellow metal’s rise with a fall in the US dollar and declining US bond yields. Adding to that, growing angst over…

Related Topics:fool.com.au

‘Going to be problematic’: Private hospitals want to administer vaccine doses to staff – Sydney Morning Herald

Beaconsfield Gold mine owners ‘draining the swamp’ for $30m gold haul – ABC News

Photographer Nadia Shevtsova remembered by family in touching tribute after deadly crash at Gold Coast

From jackaroo to ‘Golden Tonsils’ radio titan: the life and career of John Laws

Woman’s lucky escape after car rolls and crashes onto tracks before being hit by oncoming train in Kingston, Logan

Majority of Australia’s first Ashes Test squad to feature in Sheffield Shield round four