Northern Star stock jumps with gold at record highs — what ASX:NST investors watch next
Northern Star Resources shares closed up 2.9% at A$25.43 on Monday, boosted by record-high gold prices. The company recently cut its FY26 gold sales forecast and warned of rising costs after operational setbacks at several sites. Analysts maintain a “Buy” rating with a 12-month price target near A$28.39. Gold’s rally followed news of a criminal probe involving U.S. Fed Chair Jerome Powell and a weaker U.S. dollar.