Northern Star Resources share price jumps 3.6% as gold tops $5,200; investors eye Feb 12 results
Northern Star Resources closed up 3.6% at A$28.71 as gold hit a record $5,247.21 an ounce before settling near $5,243.58. The company recently cut its FY26 production forecast and raised cost guidance to A$2,600–A$2,800 an ounce. Australian inflation data has fueled speculation of a February rate hike. Traders are watching U.S. dollar moves and upcoming Reserve Bank and Federal Reserve decisions.