For April delivery, gold is up 1.4% to $1,239.70 per ounce on the COMEX this afternoon.
The price of the precious metal is rising on higher-safe haven demand, the Wall Street Journal reports.
"Increased risk aversion among market participants again has helped gold to increase temporarily," Commerzbank said in a research note cited by the Journal.
Since the start of the year, gold has increased almost 17% on concerns about global market volatility.
Harmony Gold is a South Africa-based gold mining and exploration company with operations in South Africa and Papua New Guinea.
About 4.84 million of the company's shares were traded by this afternoon compared to its average volume of 3.77 million shares per day.
Separately, TheStreet Ratings Team has a "Sell" rating with a score of D on the stock.
This is driven by several weaknesses, which should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks covered.
The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and poor profit margins.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: HMY