We have recently published 10 stocks rise during the Wall Street laundry; 5 quietly hit new standard levels. Harmony Gold Mining Company Ltd. (NYSE: HMY) is one of the best artists on Friday.
Harmoni gold picked up a four -day loss chain on Friday, as it jumped by 5.31 percent to end at 13.28 dollars each, as investors have downloaded jobs after increasing gold prices.
As of writing this report, the immediate prices of gold increased by 0.97 percent to $ 3,450.29 per ounce of recreation, supported by the possibility of the high interest rate next month.
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Gold usually benefits from low interest rates, as the latter makes yields of bonds and savings less attractive. In addition, low interest rates tend to weaken the US dollar, making gold more affordable and attractive to foreign investors.
In other news, Harmony Gold Mining Company Ltd. (NYSE: HMY) for the performance of the stars in the full fiscal year for the year 2025, with a net income jumping by 75 percent to 802 million dollars from $ 459 million in the same period last year.
Investing in gold
Revenue grew by 24 percent to $ 4.07 billion from 3.28 billion dollars year on year, driven primarily, an increase of 27 percent in the average gold price of $ 2,620/ounces from $ 1.999/ounce on an annual basis.
After the results, Harmony Gold Mining Company Ltd. (NYSE: HMY) $ 8.88 of cash profits for shareholders as of October 10. Arrow profits are paid on October 13, 2025.
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