Gold prices (XAUUSD:CUR) have surged toward the landmark $4,000 per ounce on Tuesday, with futures breaking through the milestone for the first time in history.

Nova Minerals stock doubled in premarket trading before paring gains following an announcement signaling interest from the Trump administration.

The White House has said it sees rare earth materials as key to US security and economic strength. A handful of stocks have emerged as big winners.

Coeur Mining, Inc. (NYSE:CDE) is one of the 11 Best Gold Stocks to Buy According to Hedge Funds. On September 3, Coeur Mining, Inc.

Shares of Lithium Americas Corp (NYSE:LAC) are higher as well, up 11.4% at $8.35 at last glance. The stock is extending its recent rally amid U.S.-China trade discourse, as China is the world's largest producer of lithium batteries.

Innovation meets growth in ASX mining shares as Chrysos scales its iron ore testing and approaches a $1 billion valuation.

Barrick Mining Corporation (NYSE: B) is one of the 11 Best Gold Stocks to Buy According to Hedge Funds. On October 9, Freedom Capital Markets increased its price target on Barrick Mining Corporation (NYSE:B) from $20.50 to $42.00 while keeping a Buy rating.