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Highlights

Shares of Ramelius Resources Ltd (ASX: RMS) rose 4.8% to A$2.41 on Thursday, following a strong performance amid rising gold prices. The gold stock closed the previous day at A$2.30, but the early morning surge came as investors flocked to gold amid global economic uncertainty following U.S. President Donald Trump's recent tariff announcements.

The price of gold hit a new record of US$3,146 per ounce this morning, fueling demand for the precious metal. Ramelius, which has mining operations in Western Australia, saw its share price supported by the uptick in gold prices and a positive quarterly update.

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