Commodities
Gold Sector Weakness Hits Evolution Mining on July 24
Evolution Mining (ASX:EVN) experienced a decline in share price along with the broader gold sector on July 24, 2026. The company's shares traded at AUD $11.15, down 3.67% during the session.
The S&P/ASX All Ords Gold Index (XGD) fell 4.53% to 14,981.00 points, while the S&P/ASX 300 Metal & Mining Index (XMM) declined 3.15%. The broader S&P/ASX 200 (XJO) was also lower, down 0.89% to 8,760.30 points.
The gold price itself fell 0.54% to USD $4,028.75 amid escalating Middle East tensions, while Brent crude traded at USD $100.09, easing 0.60% but remaining elevated on persistent geopolitical pressures.