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Australian shares gain on strength from gold, mining stocks

World Gold brief based on reporting byBusiness Recorder
Brief

Reported by Business Recorder: “Australian shares gain on strength from gold, mining stocks”. Gold settled at $4,571 an ounce on August 20, 2026 — $146.97 per gram, +0.57% 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. Thirty sessions later gold traded at $4,162 an ounce, -8.95% versus the date of the report. That is an observation about the market, not a consequence of one headline.

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 publisherBusiness Recorder
Data on this topicGold price and reserves in AustraliaGold price today by currency
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