Australian gold miners hit record high as strikes on Iran lift bullion

Evolution Mining

01/03/2026 23:34

** Gold miners .AXMM rose as much as 1.4% to a record high

** Bullion prices soar as investors flocked to the safe-haven asset after the U.S. and Israel's strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei and intensifying geopolitical tensions in the region GOL/

** The sub-index gained 1.1% on Friday and is up for the seventh straight session

** Stock is up 21.5% YTD

** Evolution Mining EVN.AX and Northern Star Resources NST.AX climb 6.6% and 5.2%, respectively

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))