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Global gold ETF flows are shifting as gold miners outpace bullion. Discover why traders are rotating into NEM, AEM, and GDX.
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All 11 sectors are lower in Tuesday's regular session, with Financials, Consumer Staples and Consumer Discretionary at the top of the table. The leaders are clustered rather than separated, with the first three sectors grouped within a narrow range of performance.
Why is Newmont (NYSE: NEM) stock falling today? Gold fell below $4,060 an ounce after hotter US inflation data and Fed Governor Waller’s rate hike remarks.
October CPI rose 0.4% month over month and core CPI 0.3%, both above forecasts, as markets price a 99% chance of a Fed rate hike at the Dec. 9 meeting.
A processing plant formerly owned and operated by Agnico Eagle at the Hope Bay Gold Project has been relocated to Nova's Port MacKenzie site.
Barrick Gold is re-evaluating engineering and access plans for the Fourmile gold deposit, impacting the timeline for its pre-feasibility study within the Nevada Gold Mines joint venture with Newmont.
Agnico Eagle Mines Limited has renewed its partnership with the RIME UQAT-Polytechnique Consortium, committing to a new seven-year financial contribution as part of a $12.95 million collective investment.