Sibanye Stillwater stock jumps as gold cracks $4,600, putting Jan. 29 strategy update in play
Sibanye Stillwater’s U.S. shares surged 7.3% to $16.79 Monday afternoon as gold broke above $4,600 an ounce, driven by renewed U.S. policy uncertainty. The miner announced a strategy update for Jan. 29, giving investors a new short-term focus. Other gold stocks, including Harmony Gold and Gold Fields, also posted sharp gains. Traders are watching the Federal Reserve’s Jan. 27-28 meeting for signals on rates.