Harmony Gold stock jumps nearly 10% as gold cracks $4,600; CPI looms for HMY
Harmony Gold shares jumped 9.8% to $22.71 as spot gold hit a record $4,627.27 an ounce Monday, driven by Fed uncertainty and Iran tensions. U.S. stocks were mixed, but gold miners outperformed. J.P. Morgan now expects a Fed rate hike in 2027, dropping its January cut call. Investors await U.S. CPI data Tuesday.