AngloGold Ashanti AU Soars 8.37% on Gold Sector Rally, Hits 2025 High of $1,845.20

AngloGold Ashanti (AU) extended its winning streak to four consecutive sessions, climbing 1.19% on Tuesday to mark a cumulative 8.37% rise over the past four trading days. The stock reached an intraday high of $1,845.20, its strongest level since September 2025, driven by renewed investor confidence in the gold sector amid tightening monetary policy expectations.

Analysts attributed the outperformance to a combination of technical momentum and broader macroeconomic positioning. The firm's production guidance for Q3 2025 remains aligned with pre-pandemic benchmarks, while gold prices have traded above $2,200/oz for six consecutive weeks, bolstering sentiment for equities in the space. Short-covering activity has intensified as key support levels at $1,780-1,800 have held firm since mid-August.

Portfolio managers noted that AngloGold's free cash flow generation has improved year-to-date, with all-in sustaining costs averaging $1,150/oz in H1 2025—a 7% decline from the same period in 2024. This cost efficiency, coupled with a 15% reduction in operational debt, has positioned the miner favorably against peers facing higher financing costs in the current rate environment.

Technical indicators suggest continued upside potential, with the 50-day moving average now crossing above the 200-day line—a bullish signal for momentum traders. However, caution persists around potential supply-side risks, including unplanned downtime at the Mponeng and Sadiola operations, which could disrupt quarterly guidance if not mitigated by Q4 production ramp-ups.