Pivotal-Point Tracking AngloGold Ashanti (AU): Interest Rate Expectations and $2.0 Billion Share Buyback Boost the Gold Producer

AngloGold Ashanti is one of the world's leading gold producers with mines in Africa, America, and Australia. At the end of July, the figures for the second quarter led to a significant surge in stock prices. The main driver was a 35% increase in the realized gold price to $4,446 per ounce. Revenue rose to $3.10 billion, while the operating result (EBITDA) climbed by 46% to $1.97 billion. Adjusted earnings increased by 58% to $1.01 billion. Thanks to free cash flow of $727 million, the balance sheet turned into a net cash position of $991 million....