AngloGold Ashanti Slides as Gold Weakness Appears to Pressure Miner Shares

AngloGold Ashanti (AU) is down 6.0% today. Here is some analysis on what might have caused this price movement. ([reddit.com](https://www.reddit.com/r/DeepFuckingValue/comments/1ucim0u/premarket_gainers_and_losers_for_today_june_22/?utm_source=openai))

Analysis: The most likely driver is weakness in gold and broader selling in precious-metals names after the Federal Reserve’s hawkish tone strengthened the U.S. dollar and hurt bullion prices. There does not appear to be a new negative company-specific filing or earnings update today, so this move looks more tied to commodity-price pressure and profit-taking after a strong run earlier this year. ([ng.investing.com](https://ng.investing.com/news/commodities-news/gold-prices-rise-as-iran-peace-deal-cheer-outweighs-fed-rate-concerns-2564317?utm_source=openai))

Details:

Recent market coverage showed gold falling as the dollar strengthened and rate-hike expectations firmed, a setup that typically weighs on gold miners’ margins and sentiment. ([ng.investing.com](https://ng.investing.com/news/commodities-news/gold-prices-rise-as-iran-peace-deal-cheer-outweighs-fed-rate-concerns-2564317?utm_source=openai))

Company disclosures from mid-June centered on a proposed shareholder vote for a share repurchase program of up to $2.0 billion, which was supportive rather than negative. ([stocktitan.net](https://www.stocktitan.net/sec-filings/AU/6-k-anglo-gold-ashanti-plc-current-report-foreign-issuer-df2e7e581d7c.html?utm_source=openai))

AngloGold’s latest major corporate update before that was its first-quarter release in May, when it highlighted strong cash generation, a dividend, and the proposed buyback, suggesting no obvious fresh operational shock behind today’s drop. ([quiverquant.com](https://www.quiverquant.com/news/AngloGold%2BAshanti%2Bslides%2Bas%2Bgold%2Bprices%2Bretreat%2Bto%2Bstart%2BJune?utm_source=openai))

This could also be because traders are taking profits after sharp prior gains in the stock, with recent commentary noting the shares had already pulled back materially from their March highs. ([simplywall.st](https://simplywall.st/stocks/us/materials/nyse-au/anglogold-ashanti/news/why-anglogold-ashanti-au-is-down-127-after-valuation-disconn?utm_source=openai))

Sources:

AngloGold Ashanti, SEC, Investing.com, MarketScreener

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$AU Insider Trading Activity

$AU insiders have traded $AU stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $AU stock by insiders over the last 6 months:

KOJO OSEI FRIMPONG BUSIA sold 400 shares for an estimated $35,637

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$AU Hedge Fund Activity

We have seen 321 institutional investors add shares of $AU stock to their portfolio, and 242 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 3,747,514 shares (+14.1%) to their portfolio in Q1 2026, for an estimated $360,154,832
NORGES BANK added 3,317,494 shares (+203.1%) to their portfolio in Q4 2025, for an estimated $282,915,888
ROYAL BANK OF CANADA added 3,026,730 shares (+570.3%) to their portfolio in Q1 2026, for an estimated $290,883,886
FMR LLC added 2,323,890 shares (+14.4%) to their portfolio in Q1 2026, for an estimated $223,337,448
ACADIAN ASSET MANAGEMENT LLC removed 1,515,599 shares (-32.9%) from their portfolio in Q1 2026, for an estimated $145,656,641
LOS ANGELES CAPITAL MANAGEMENT LLC removed 1,430,252 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $121,971,890
GEODE CAPITAL MANAGEMENT, LLC added 1,017,529 shares (+21.7%) to their portfolio in Q1 2026, for an estimated $97,789,624

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$AU Analyst Ratings

Wall Street analysts have issued reports on $AU in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citigroup issued a "Buy" rating on 01/20/2026

To track analyst ratings and price targets for $AU, check out Quiver Quantitative's $AU forecast page.

$AU Price Targets

Multiple analysts have issued price targets for $AU recently. We have seen 2 analysts offer price targets for $AU in the last 6 months, with a median target of $131.5.

Here are some recent targets:

Ephrem Ravi from Citigroup set a target price of $130.0 on 06/09/2026
Tanya Jakusconek from Scotiabank set a target price of $133.0 on 03/20/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.