Rate cut expectations and trade tensions boost gold prices, London gold mining stocks strengthen.

Stocks of gold mining companies listed in London rose with the increase in gold price. Interactive Investor's investment director Victoria Scholar stated in a report that driven by expectations of a rate cut in the US this month and uncertainties surrounding tariffs, the price of gold continues to climb, approaching historical highs. "The focus this week is on the Fed beige book, US non-farm employment report, job vacancies and labor turnover survey, as well as the ADP report." Hochschild Mining's stock price rose by 5%, Alien Metals by 3.85%, and Fresnillo by 1.6%.