Harmony Gold Mining Company is on a winning streak 

Harmony Gold extended its winning streak for a third day by adding 5.05 percent to close at $14.77 apiece as investors gathered up shares after prices of gold hit a new record high. 

On Monday, the spot prices of gold cracked past the $3,100 level for the first time as concerns about US President Donald Trump’s more aggressive tariff stance drove investor funds to safer assets such as gold and spilled over to gold mining stocks.

Optimistic outlooks for the precious metal further added to the sentiment, with Goldman Sachs expecting gold to soar to the $4,500 level over the next 12 months amid extreme market conditions.