Gold price rebounds today as Fed minutes near; GLD and Newmont stocks climb
Spot gold rebounded to around $4,373 an ounce Tuesday, up about 1% after Monday’s steep drop. Gold ETFs and miners outperformed, with GLD up 0.9% and Newmont rising 2.6%. Traders awaited the Federal Reserve’s December minutes for clues on 2026 rate cuts. Silver also recovered, jumping 4.7% to $76.38 an ounce.