Buy Hold Sell: 4 ASX miners to watch as the gold price reboots

Buy Hold Sell, by Livewire Markets · Apr 9, 2026 · 13m

Gold has had a remarkable 12 months.

From the low in May-June last year, around US$ 3,500 an ounce, to the high of the January 2026 spike, around US$5,400 an ounce, the precious metals rallied almost 70%.

It was during this period that lines formed in Martin Place outside ABC Bullion.

Then, gold got the wobbles - particularly as war broke out in the Middle East. Whilst it didn't fall in a straight line, the precious metal fell from US$5,400 to a low of US$3,800 by late March - a 20% wipeout.

With a tentative ceasefire in place and normal programming (i.e. US dollar weakness, inflation…