On August 19, Royal rose 7.77% in regular trading, trading at $248.34/share, with turnover of $67.57 million. The stock rallied alongside a broad surge across the gold mining sector.

The rally was driven by intensifying structural tailwinds for gold. Deutsche Bank recently noted that gold remains in an \"explosive\" upward phase that began in 2024, with central bank purchases reaching record highs in real dollar terms and approximately half of demand going unreported to the IMF. Global ETF inflows have turned positive again, with Asian buying particularly prominent. The bank set a year-end gold target range of $4,700-$5,100/oz, citing ongoing US government debt expansion and positioning that has yet to fully price in upside potential. Additionally, South Korea's central bank disclosed its first gold investment in 13 years, purchasing approximately $250 million in SPDR Gold Trust shares in Q2.

Within the Gold sector, individual stocks posted broad gains: Coeur Mining up 14.2%, Agnico Eagle Mines up 10.76%, Wheaton Precious Metals up 10.56%, Newmont Mining up 8.64%, and Barrick Mining Corporation up 8.21%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)