Newmont Goldcorp is trading 4.6% up at $97.65 as gold prices jump following softer U.S. labor data, which has eased expectations for further Federal Reserve rate hikes and boosted demand for non-yielding assets.
- The move extends the stock’s recent volatility, with shares rebounding from yesterday’s 2.3% decline.
- The price action tracks broader strength in gold miners rather than any new company-specific announcement.