Gold stocks slide as gold price pulls back; Newmont, GDX drop with U.S. payrolls ahead
New York, Jan 7, 2026, 10:10 EST — Regular session Gold stocks fell on Wednesday as bullion prices slipped, with Newmont down 3.1% at $105.80 and the VanEck Gold Miners ETF off 3.7% at $88.73. SPDR Gold Shares, a major gold-backed fund, fell 1.1% to $408.81, while Agnico Eagle slid 2.9% and Gold Fields dropped 5.9%. Spot gold — the cash price for immediate delivery — was down about 1% at $4,452.97 an ounce after briefly touching a more than one-week high earlier in the session. “The main trend remains supportive, but in the short term, some investors are taking