Freeport-McMoRan stock pops in premarket as gold rips past $5,100 and copper stays hot
New York, January 26, 2026, 07:22 EST — Premarket Freeport-McMoRan shares climbed 2.6% in premarket Monday, hitting $60.41 after closing Friday near $58.86. This wasn’t about any big company news. Instead, it was the broader market action: precious metals sparked fresh flows, pulling miners along for the ride. Gold surged beyond $5,100 an ounce, hitting a new record, Reuters reported, fueled by a spike in safe-haven buying amid fresh tariff threats and shaky macro conditions. Ole Hansen, head of commodity strategy at Saxo Bank, told Reuters, “The uncertainty … remains the main driver.” Still, another market voice cautioned that the