According to CoinMeta, gold mining stocks rose by about 43% in August, outperforming chip stocks during their best months. As gold prices soared, investors turned to hard assets, and gold miners enjoyed a record-breaking August. The Global Gold Mining Index rose in August, benefiting from the sharp increase in gold prices and the renewed demand for hard assets. Meanwhile, although artificial intelligence and semiconductor stocks remained the focus of market attention, gold mining stocks performed even more strongly. Gold prices rose by about 13% this month, trading above $4,500 per ounce and approaching $4,600. Investment demand was supported by the weakening dollar, fiscal concerns, and expectations that real interest rates might come under pressure. For mining companies, rising gold prices can lead to faster profit growth, as many operating costs do not rise at the same pace.