NovaGold Resources is trading 4.7% down in pre-market at $8.20 as weaker gold prices and broad risk-off sentiment pressure precious-metals equities.
- Spot gold was reported down 1.72% as bond yields, the dollar, oil prices, and expectations for a September Federal Reserve hike weighed on bullion.
- Gold-mining peers also declined, indicating a sector-wide move; U.S. equity futures were broadly lower.
- No fresh company-specific announcement was identified for September 1, 2026.