Australian miners Ramelius Resources (ASX:RMS), Northern Star Resources (ASX:NST), and Evolution Mining (ASX:EVN) jumped around noon on Friday after US-China trade tensions prompted investors to seek safe-haven assets like gold.
Ramelius Resources advanced 0.6%; Northern Star jumped 3.8%; and Evolution Mining climbed 4.9% in recent trade.
Gold spot futures rose further by 1.2% to $3,215 per ounce on Friday morning after hitting an 18-month high on the prior day.
Markets remain clouded with uncertainties even as the US lowered the tariffs on most countries to 10% while excluding China.
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