diff --git a/srcpkgs/mold/patches/fix-arm-yield.patch b/srcpkgs/mold/patches/fix-arm-yield.patch
new file mode 100644
index 00000000000..89cc4194d80
--- /dev/null
+++ b/srcpkgs/mold/patches/fix-arm-yield.patch
@@ -0,0 +1,18 @@
+Only use yield on ARM architectures that support it. Will be in next release. Taken from:
+https://github.com/rui314/mold/commit/f0f61cc7ad482672a73d3bb4778430c65f01e237
+https://github.com/rui314/mold/commit/4510f4af81e65544fcd02826f253d3dc9e7fae9e
+diff --git a/common/common.h b/common/common.h
+index c9820877789..a9a52d6c5fb 100644
+--- a/common/common.h
++++ b/common/common.h
+@@ -526,7 +526,9 @@ inline bool remove_prefix(std::string_view &s, std::string_view prefix) {
+ static inline void pause() {
+ #if defined(__x86_64__)
+   asm volatile("pause");
+-#elif defined(__arm__) || defined(__aarch64__)
++#elif defined(__aarch64__)
++  asm volatile("yield");
++#elif defined(__ARM_ARCH_7A__) || defined(__ARM_ARCH_8A__)
+   asm volatile("yield");
+ #endif
+ }
diff --git a/srcpkgs/mold/template b/srcpkgs/mold/template
index d898e1b1119..d20d757eab5 100644
--- a/srcpkgs/mold/template
+++ b/srcpkgs/mold/template
@@ -1,6 +1,6 @@
 # Template file for 'mold'
 pkgname=mold
-version=2.4.1
+version=2.31.0
 revision=1
 build_style=cmake
 configure_args="-DMOLD_USE_SYSTEM_MIMALLOC=ON -DMOLD_USE_SYSTEM_TBB=ON"
@@ -14,7 +14,7 @@ license="MIT"
 homepage="https://github.com/rui314/mold"
 changelog="https://github.com/rui314/mold/releases"
 distfiles="https://github.com/rui314/mold/archive/refs/tags/v${version}.tar.gz"
-checksum=c9853d007d6a1b4f3e36b7314346751f4cc91bc43c76e30db51709b53b44dd68
+checksum=3dc3af83a5d22a4b29971bfad17261851d426961c665480e2ca294e5c74aa1e5
 
 post_install() {
 	vlicense LICENSE