NEW YORK, December 30, 2025, 12:38 ET — Regular session
- Agnico Eagle rises about 1% in midday trading after Monday’s sharp pullback.
- Gold rebounds after a futures-driven selloff, keeping miners volatile into year-end.
- Traders are watching the Fed’s December meeting minutes and the next earnings window.
Agnico Eagle Mines Ltd (AEM) rose about 1.2% to around $173.5 in midday trading on Tuesday, recouping part of the prior session’s drop as gold prices rebounded. The Canadian gold producer closed Monday at $171.34, down 6.48% from Friday, and is up about 121% so far this year. 1
The move matters because gold miners are trading like a levered bet on bullion in the final days of 2025, after a record run-up and an abrupt pullback.
With liquidity thinning into year-end, small shifts in rates and positioning are translating into outsized swings in metal-linked equities.
Spot gold was up about 0.9% near $4,370 an ounce after Monday’s sharp decline, Reuters reported, with investors refocusing on geopolitical and economic risks. “We saw very extreme volatility yesterday … but things have stabilised somewhat today,” said Peter Grant, vice president and senior metals strategist at Zaner Metals, as traders awaited the Federal Reserve’s December meeting minutes due later Tuesday. 2
Monday’s slide in precious metals followed last week’s surge to all-time highs and was accelerated by futures-market mechanics: CME Group raised margin requirements on precious metals contracts, meaning traders had to post more upfront cash to keep positions. The higher collateral threshold often triggers profit-taking after fast rallies, which can amplify price swings. 3
Other gold miners tracked the rebound. Newmont was up about 2.3% in midday trading.
For Agnico Eagle, investors tend to focus on how quickly higher gold prices can flow through to margins — and how quickly a reversal can compress them — especially after the metal’s late-year volatility.
That linkage is most visible when futures-market changes force short-term deleveraging, even if the longer-term backdrop for gold remains supportive.
Technicians have also been watching how the stock behaves around widely followed trend gauges after Monday’s drop. Agnico’s 50-day moving average was about $167.56 and its 200-day moving average about $149.58, levels some traders use as reference points for support in a pullback. 4
The next company-specific milestone on many calendars is fourth-quarter results. Nasdaq lists Agnico Eagle’s next earnings report as estimated for February 12, 2026, noting the date is algorithm-derived and not company-confirmed. 5
Until then, trading is likely to remain driven by bullion, the U.S. dollar and rate expectations — with the Fed minutes the next immediate test for whether markets stay positioned for easing in 2026.
