[Rate Cut Expectations and Trade Uncertainty Drive Gold Prices Higher, London Gold Stocks Generally Strengthen]
London gold sector stocks were broadly strengthened, buoyed by rising gold prices. Victoria Scholar, Head of Investment at Interactive Investor, pointed out that expectations of a U.S. rate cut this month and tariff uncertainties have driven gold prices to continue climbing, approaching historic highs. This week's market focus includes the Federal Reserve's Beige Book, the U.S. Non-Farm Payrolls report, the Job Openings and Labor Turnover Survey (JOLTS), and ADP employment data. Against this backdrop, Hochschild Mining shares rose 5%, Alien Metals gained 3.85%, and Fresnillo increased by 1.6%.
