NovaGold Resources is trading 6.16% up now at $7.33, supported by stronger gold prices during the August 7, 2026 session.
- Reuters reported spot gold was up 4.8% for the week and heading toward its strongest weekly gain since January.
- Weaker oil prices, a softer dollar, and uncertainty over U.S. interest-rate policy helped gold prices.
- The move appears sector-driven rather than company-specific.