On September 1, Newmont Mining fell 3.06% in pre-market trading, trading at $122.13/share, with turnover of $1.339 million. The decline was driven by a sharp pullback in gold prices following Fed Chair Kevin Warsh's hawkish remarks at the Jackson Hole symposium.

Warsh warned that underlying inflation trends have not meaningfully improved and signaled that rate hikes remain on the table. Markets reacted swiftly, pushing the probability of a September rate increase to approximately 58%–66%, up sharply from 35% just a day earlier. Spot gold tumbled 3.19% to $4,455/oz after reaching a three-month high of $4,696 earlier in the week, while the gold miners index fell 4.6% in a single session.

Within the Gold sector, stocks declined broadly. Among individual names, Coeur Mining fell 3.27%, Kinross fell 3.19%, Agnico Eagle Mines fell 2.63%, Wheaton Precious Metals fell 2.47%, and Barrick Mining fell 2.41%. The stronger dollar and rising short-term Treasury yields further pressured non-yielding assets, intensifying selling across precious metals equities.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)