All news
Mining

ASX hits another record as gold miners rally; News Corp results; SpaceX tumbles

World Gold brief based on reporting bysmh.com.au
Brief

Reported by smh.com.au: “ASX hits another record as gold miners rally; News Corp results; SpaceX tumbles”. Gold settled at $4,246 an ounce on August 5, 2026 — $136.51 per gram, +3.67% on the day.

Why it matters

Changes in production, costs and reserves affect future metal availability. The impact is slower than rates or the dollar, but material for the long-term supply balance.

Transmission channels
  • mine output
  • production costs
  • capital expenditure
  • recycling
What to watch next
  • production guidance
  • producer AISC
  • new projects and permits
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publishersmh.com.au
Data on this topicGold price today by currency
Related coverageMiningGold price: record gold output, record cost per ounceMiningGold surpasses $4,300! Gold mining ETFs, gold ETFs, gold ETFs, and Shanghai Gold ETFs rise.MarketExplained: What's driving the rally in gold and silver pricesGeopoliticsGold Gains as Weaker US Dollar, Lower Yields Offset Geopolitical Risks