Australian gold stocks experience a notable increase, rising as much as 2.1%, potentially marking the best day since August 30, contingent on the stability of current gains.

This rise in the sub-index mirrors the global upward trend in gold prices, in anticipation of this week’s U.S non-farm payrolls reports.

In particular, Newcrest Mining (ASX:NCM) saw an increase of up to 1.3% after announcing a fully franked special dividend of US$1.10.

Northern Star Resources (ASX:NST) is also set for its best day since August 24, if its gains hold up.

Furthermore, Evolution Mining (ASX:EVN) is poised to log its best day since August 30, provided its gains remain.

This year, the sub-index has seen an overall increase of 2.6% up until the last close.

Newcrest Mining is a major Australian mining company specializing in gold.

Known for their sustainable operations, they are one of Australia’s leading mining operations.