NORTHERN STAR RES SP ADR

The Australian share market is expected to edge higher on Wednesday, with investors keeping an eye on oil prices, Pilbara Minerals' quarterly update, and the gold price. Analysts have also reiterated a buy rating on Lynas Rare Earths.

Related tickers: BCHEY, WDS, EVMNY, NSTYY, LYSDY.

ASX 200 gold stocks have seen strong performance in the past 6 months, with the S&P/ASX All Ordinaries Gold Index up 23.35%. This is attributed to a surge in gold prices, which hit record highs last week. Hedge funds have increased their net-long position in gold to the highest level in over 4 years, indicating a bullish outlook for ASX 200 gold stocks.

Related tickers: NSTYY, EVMNY.