Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%

A Look At Newmont (NEM) Valuation As Geopolitics And Rate Expectations Pressure Gold Miners

ByYahoo Finance
10 hours ago
Source:Yahoo Finance
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Geopolitics and rates pressure Newmont shares Escalating conflict with Iran, oil market tensions, and expectations for higher global interest rates have coincided with weaker gold prices and have pressured Newmont (NEM), along with other major gold miners, in recent trading. See our latest analysis for Newmont. Recent geopolitical headlines have arrived during a weak patch for the stock, with a 7 day share price return showing a 10.94% decline and a 30 day share price return showing a 19.64%...

Geopolitics and rates pressure Newmont shares Escalating conflict with Iran, oil market tensions, and expectations for higher global interest rates have coincided with weaker gold prices and have pressured Newmont (NEM), along with other major gold miners, in recent trading. See our latest analysis for Newmont. Recent geopolitical headlines have arrived during a weak patch for the stock, with a 7 day share price return showing a 10.94% decline and a 30 day share price return showing a 19.64%...

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