Gold Fields Ltd is trading 9.9% up at $40.09 as a tentative 60-day U.S.–Iran peace agreement eases inflation and energy-supply concerns, fueling a rotation back into risk assets.

  • The stock is participating in a broad risk-on rally alongside major indices, which are all up more than 1% following the geopolitical breakthrough.
  • Today's move extends a sharp rebound for precious-metals miners after significant volatility last week, as de-escalation boosts global equities and mining stocks.