Novagold Resources shares are trading higher after the company announced it is set to acquire Paulson’s Donlin Gold Holdings interests in Donlin Gold in an all-share transaction.

Shares of precious metal-related stocks are trading lower as climbing bond yields and August's economic data raise inflationary concerns and interest-rate hike expectations. A slightly stronger dollar may contribute to the a selloff of the commodity.

Gold Jumps 10% in August — This Billionaire Gold Bug Is Banking Gains

Gold rallies 10% in August for its best monthly performance since January. Here's a look at the latest moves from famous gold bug, John Paulson.

Shares of precious-metals-related companies are trading higher alongside gains in gold and silver prices as Treasury yields and the U.S. dollar decline following the Treasury Department’s announcement that it would double the size of liquidity-support buyback operations for longer-dated bonds.

This Hedge Fund Portfolio Shrinks 17% as Billionaire Bets Big on Gold

Paulson's hedge fund reduced its equity book to $2.58B in Q2, exiting two positions and opening a stake in Alphabet.