ASX:GMD

Genesis Minerals share price drops 8% as gold slides — what to watch next for GMD stock

Genesis Minerals shares fell 8.2% to A$6.97 in Sydney Monday after gold futures dropped 2.1% to $2,972.30 an ounce, their steepest one-day loss since October 2023. The stock is now 17% below last week’s high. Investors are watching U.S. jobs data due Feb. 6 and Genesis’s half-year results on Feb. 19.

2 February 2026

ASX:GMD·Gold·Stock Market

Evolution Mining share price slides 6% on gold pullback — what to watch before Monday’s ASX open

Evolution Mining shares fell 6.4% to A$14.71 Friday as gold prices dropped 4.7% to $5,143.40 an ounce and mining stocks slid across the ASX. The company will release its half-year results and hold a conference call on Feb. 11. Evolution reaffirmed full-year gold and copper guidance. Investors await earnings season and the Reserve Bank of Australia’s policy decision next week.

31 January 2026

ASX:EVN·ASX:GMD·Gold·NYSE:NEM

Australia stock market today: ASX 200 slips as miners sink, RBA rate call looms

ASX 200 fell 0.65% to 8,869.1 as miners and gold stocks slumped, with Rio Tinto down 3.5% and BHP off 1.8%. Hotter-than-expected core inflation pushed markets to price in a 75% chance of an RBA rate hike next week. The Australian dollar slipped to 70.02 U.S. cents. Whitehaven reported a 21% jump in quarterly coal output to 11 million tonnes.

30 January 2026