🟢 Newmont Goldcorp is trading 6.5% up today as gold reached a seven-week high

Newmont Goldcorp is trading 6.5% up now at $112.18 as gold reached a seven-week high on August 7, 2026.

• Spot gold rose 0.6% to $4,262.39 per ounce and gained more than 5% for the week, lifting gold-mining peers.
• A weaker-than-expected July employment report increased expectations for Federal Reserve rate cuts; lower Treasury yields and a softer dollar supported bullion and precious-metals equities.
• The broader market is also higher, but sector-wide gold strength remains the primary catalyst.