The market continues to digest the prospect of the US presidential election after Biden withdrew, and gold has fallen below $2400.
Due to traders weighing the decision of U.S. President Biden's withdrawal from re-election and what this means for the chance of Trump returning to the White House, the price of gold has slightly declined.
Check Out What Whales Are Doing With NEM
Whales with a lot of money to spend have taken a noticeably bullish stance on Newmont.Looking at options history for Newmont (NYSE:NEM) we detected 8 trades.If we consider the specifics of each trade,
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Subdued Growth No Barrier To Newmont Corporation's (NYSE:NEM) Price
When you see that almost half of the companies in the Metals and Mining industry in the United States have price-to-sales ratios (or "P/S") below 1.2x, Newmont Corporation (NYSE:NEM) looks to be
Tesla, AT&T, Alphabet, Chipotle, Visa, and More Stocks to Watch This Week
Second-quarter earnings season continues with Verizon, Alphabet, Coca-Cola, Comcast, General Motors, Tesla, Visa, AT&T, Chipotle, and Newmont.
Trending again! Spot gold once fell below 2400, is it another opportunity for layout?
The structural bull market remains unchanged.
NASDAQ is experiencing a major correction, where can you hide? The Dow Jones, gold, and US bonds are all falling, but bitcoin remains 'strong'.
Market style has changed due to factors such as improved prospects for Trump's campaign and increased expectations for interest rate cuts.
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Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.Investors are
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Express News | Shares of Precious Metals Stocks Are Trading Lower as Gold and Silver Prices Fall Amid a Rise in the Dollar
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GE Aerospace and 4 More Stocks That Haven't Been Moved by the Market Rotation -- Barrons.com
Al Root This week has been a blur for investors. High-flying tech stocks have gotten crushed, while sleepier, smaller stocks that benefit from lower rates are soaring. Some aren't doing anything --
Express News | Newmont : BMO Cuts Target Price to $56 From $58
Bright Future: Bullish Expert Tips Gold Price to Top $3,950 per Ounce
The gold price has shifted higher in 2024, nudging a new all-time high of US$2,474.5 per ounce this week. It has since pared back from that level and is trading at US$2,429 per ounce at the time of writing.
The situation changed? ETF has started to see net buy orders, and JPMorgan has called for a gold price of 2650!
According to Morgan Stanley, ETFs may become the new driving force behind the next round of gold price increases. Gold ETFs have started to increase their holdings since late May, and COMEX's net long position is at its highest since Q2 2022.
Newmont Corporation (NEM) Suffers a Larger Drop Than the General Market: Key Insights