Why AngloGold Ashanti Rallied Today
Shares of AngloGold Ashanti (NYSE: AU) rallied 5.6% on Thursday as of 1:33 p.m. ET.
Gold prices have been on an absolute tear in 2025, as have gold miners like AngloGold. Miners should be thought of as leveraged plays on gold prices, given that costs are largely fixed or stable, while rising gold prices and revenue fall entirely to the bottom line. Of course, falling gold prices have the opposite effect.
That's why AngloGold is up 244% even as gold prices are only up 65.3% for 2025, and why the stock was up 5.6% as the price of gold rose another 2.5% today.
Source Fool.com
