Interest rate cuts and trade tensions have boosted gold prices, with London gold miners strengthening

London-listed gold stocks rallied on the strength of gold prices. Victoria Scholar, head of investment at Interactive Investor, said in a note that gold prices continued to climb near all-time highs, driven by expectations of US interest rate cuts and tariff uncertainty this month. "This week's focus is on the Fed Beige Book, US non-farm payrolls report, job vacancies and labor turnover surveys, and the ADP report." Hochschild Mining shares rose 5%, Alien Metals rose 3.85% and Fresnillo rose 1.6%.