With only half a day of trade left in the week, the S&P/ASX 200 Index (ASX: XJO) is up 0.6% since last Friday's close, with these five ASX 200 stocks doing more than their share of the heavy lifting.
You'll notice a trend among this week's top share price gainers. Namely, a golden trend.
That's because, after smashing through the psychologically key US$4,000 per ounce level last week, the gold price continued to tear higher this week.
Last Friday, gold was trading for US$4,017 per ounce. In morning trade today, that same ounce was trading for US$4,378. That sees the gold price up a whopping 9.0% over the week.
Taking a step back, bullion has soared a remarkable 64% over the past 12 months, according to data from Bloomberg.
Here's what's been happening in the markets this week.
ASX 200 stocks storming higher this week
The first gold miner racing higher this week is Emerald Resources NL (ASX: EMR).
Shares in the ASX 200 stock closed last Friday trading for $5.02. In early afternoon trade today, shares are changing hands for $5.52 apiece. This sees the Emerald Resources share price up 10.0% for the week. The Emerald Resources share price is now up 68.8% in 2025.
There was no fresh price-sensitive news out from Emerald Resources over the week, with investors likely piling in amid the soaring gold price.
The second ASX 200 stock storming higher this week is Vault Minerals Ltd (ASX: VAU).
Vault Minerals shares closed last week trading for 69 cents and are currently trading for 79 cents each. That puts the Vault Minerals share price up 14.5% for the week. The Vault Minerals share price is now up 134.9% year to date.
Of our five top-gaining ASX shares, Vault was the only one to release a price-sensitive announcement this week.
On Wednesday the gold miner announced a proposal for a 6.5 for 1 share consolidation.
Why?
As the Motley Fool reported on the day:
Vault Minerals' board is seeking shareholder approval for a significant consolidation of its capital to streamline its register and align with ASX 200 peers. Management believes this move will address the perception issues tied to a low share price and help reduce day‑to‑day trading volatility.
Also surging alongside the rocketing gold price
Regis Resources Ltd (ASX: RRL) shares are also shining bright this week as gold fever grips the market.
Shares in the ASX 200 stock closed last week at $5.69 and are currently changing hands for $6.42 each. This sees the Regis Resources share price up 12.8% for the week. Shares are up 148.9% in 2025.
Also enjoying the record-breaking gold price run is Newmont Corp (ASX: NEM).
Newmont shares closed last Friday trading for $129.25 and are currently trading for $150.73 apiece. This puts the Newmont share price up 16.6% for the week. Newmont shares have gained 149.6% so far this calendar year.
Which brings us to the fifth ASX 200 stock smashing the benchmark returns this week, Genesis Minerals Ltd (ASX: GMD).
Genesis Minerals shares closed last Friday trading for $5.85 each. At the time of writing, shares are changing hands for $6.85, putting the Genesis Minerals share price up 17.1% for the week.
Year to date, shares in the Aussie gold stock are up 176.0%.
