24H | Gold Stocks Shine With Anglogold Rising 5%; Uranium Up 5%; BIT Mining Up over 4%; Energy Fuels Up 3%; SOXL Falls Nearly 2%

TigerAug 29, 2025 1:58 AM

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Gold stocks climbed in overnight trading with Anglogold up over 5%; Gold Fields up over 3%.

Gold headed for a consecutive weekly gain that’s pushed it closer to a record high, as investors braced for an inflation reading that may prove key to US monetary easing this year. Bullion was steady early Friday in Asia at around $3,415 an ounce.

Chip stocks mostly fell in overnight trading after Marvell’s earnings report.

Chipmaker Marvell Technology forecast third-quarter revenue below Wall Street estimates on Thursday, as economic uncertainty and tariff concerns weighed on customer spending and overall demand.

BIT Mining stock rose over 4% after launching DOLAI, a USD-backed stablecoin designed for artificial intelligence agent transactions, partnering with compliance firm Brale Inc. to develop the token on Solana's blockchain.

Energy Fuels Inc stock jumped 3% in overnight trading after announcing a collaboration with Vulcan Elements to create a domestic supply chain for rare earth magnets independent of China.

Uranium stock jumped 5% in overnight trading. Shares have gained 57% this year.

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