Stock Track | Anglogold Ashanti Soars 5.07% Intraday as Gold Prices Jump on Trade Policy Uncertainty

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Anglogold Ashanti's stock surged 5.07% during intraday trading on Monday, moving in tandem with a sharp rise in the price of gold.

The rally in the precious metal, and by extension gold mining stocks, was triggered by heightened market uncertainty following U.S. trade policy developments. The U.S. Supreme Court's decision to annul former President Donald Trump's tariffs and Trump's subsequent announcement of a new 15% global tariff rate have increased demand for traditional safe-haven assets like gold.

This flight to safety boosted gold futures, which rose 1.8% in early trading, providing a direct tailwind for major gold producers including Anglogold Ashanti.

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