Newmont Goldcorp is trading 7.42% up at $124.28 amid renewed strength across gold-mining equities and shifting Federal Reserve rate expectations.
- Gold futures were up 1.21% at $4,419.00 at 8:50 a.m. EDT.
- Broader coverage attributed the mining-sector surge to expectations that the Fed will refrain from further rate hikes.
- No fresh company-specific announcement clearly explains the August 19 move; the advance appears driven mainly by sector-wide precious-metals momentum and improved sentiment toward gold miners.