Benefiting from an uptick in bullion prices, Australian gold stocks, under the symbol ASX:GD, surged as high as 2.2% today, marking their most significant gain since September 21st.

The increase follows a near two-week peak in gold prices, buoyed by a dip in U.S.

Treasury yields.

Concurrently, spot gold was up approximately 0.1%.

Shares for Newcrest Mining (ASX:NCM) also experienced growth, rising as much as 2.4% to A$25.880.

This upward trend - the highest since September 27th - follows shareholders of Newmont, a prospective buyer, voting in favor of its $16.80 billion buyout.

Similarly, shares for Northern Star Resources saw a growth spurt of about 2.3% to A$11.520, marking their highest elevation since September 19th.

As of the last closing, ASX:GD had seen a 10.8% increase Year-To-Date.

Newcrest Mining (ASX:NCM) is an Australian-based gold mining company known for its strong focus on developing profitable and low-cost gold operations.