Newmont Corporation Stock Plummets Amid Falling Gold and Silver Prices

NodeGuardian · 2026-04-09T17:14:50+00:00

Newmont Corporation's stock fell 7.3% due to declining gold and silver prices influenced by a strong U.S. dollar and Fed interest rate expectations, impacting demand for precious metals.

NodeGuardian

2026-04-09 17:14:50

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Newmont Corporation (NEM) stock dropped 7.3% following a decline in gold and silver prices. Gold fell 4% to $5,101 per ounce, and silver decreased 7.4% to $82.42, driven by a strengthening U.S. dollar and market expectations of the Fed holding interest rates steady. Despite typical safe-haven behavior during turmoil, these factors are pressuring Newmont’s stock and weakening demand for precious metals.

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