Stock Track | Newmont Soars 6.52% Intraday as Gold Prices Surge Above $5,000

Stock Track

02/09

Newmont Corp-CDI (NEM.AU) saw its stock price soar 6.52% during intraday trading on Monday, reflecting a significant upward movement.

The surge in Newmont's share price is attributed to a sharp rise in gold prices, with spot gold climbing above $5,000 an ounce. This rally in bullion is driven by renewed investor appetite following a volatile period for precious metals, boosting shares of major gold miners.

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