NEW YORK, December 30, 2025, 12:44 ET — Regular session
- IAMGOLD shares were up about 2.3% in midday NYSE trading.
- Gold and silver rebounded after a sharp margin-triggered slide in futures a day earlier.
- Investors were watching for the Fed’s meeting minutes later Tuesday for fresh rate clues.
Shares of IAMGOLD Corporation (NYSE: IAG) rose about 2.3% to $16.86 by 12:44 p.m. ET on Tuesday, tracking a rebound in bullion after a sharp pullback a day earlier. The stock was up from Monday’s close of $16.48 and traded between $16.48 and $16.99.
The move matters because gold miners have been whipsawed into year-end, with prices reacting quickly to shifts in precious metals and investor positioning. In Canada, mining shares helped push the TSX higher on Tuesday as gold and silver recovered, while investors waited for fresh signals from the Federal Reserve in an otherwise data-light week.
Monday’s downdraft in metals was sparked by the futures market. The Chicago Mercantile Exchange raised margin requirements — the cash deposit traders must post to hold futures positions — a move that can force leveraged players to cut exposure fast; silver slid about 8% and gold fell about 5% in the selloff.
Spot gold was up about 0.9% at $4,369.59 an ounce by 11:29 a.m. ET, while silver rose about 4.7%, according to Reuters. “Things have stabilised somewhat today,” said Peter Grant, vice president and senior metals strategist at Zaner Metals, as investors looked to the Fed’s December meeting minutes due later Tuesday after a year in which gold has climbed about 66% and traders priced in two U.S. rate cuts next year. Reuters
Moves across the sector were broadly in sync. Newmont was up about 2.5%, Kinross rose about 2.6%, AngloGold Ashanti gained about 2.6% and Agnico Eagle added about 1.3% in midday U.S. trading.
IAMGOLD is a Canadian producer whose portfolio includes the Côté Gold mine in northeastern Ontario, an open-pit operation jointly owned with Sumitomo Metal Mining. The mine reached commercial production in August 2024 and has a nameplate processing capacity of 36,000 tonnes per day, the company says.
The company also operates the Westwood mine in Canada and the Essakane mine in Burkina Faso, according to a company update earlier this year.
For miners, a one-day move in bullion can translate into bigger swings in equities because revenues are tied to gold while many costs are slower to adjust. That operating leverage can boost cash-flow expectations when gold rises, and compress them quickly when the metal dips.
The margin episode has added another layer to what is already a volatile corner of the market. When exchanges lift margin requirements, it raises the cash needed to keep a position open, which can amplify forced selling and then sharp rebounds once the pressure eases.
Traders are now focused on whether the rebound in metals holds after the Fed minutes, which can shift expectations for the pace of rate cuts. Lower rates tend to support gold because it is a non-yielding asset, but the trade can reverse if the market reprices the path for policy.
Company-specific attention remains on operational execution, particularly at Côté Gold. Investors tend to watch production consistency and cost control — including “all-in sustaining costs,” an industry measure that bundles operating costs plus sustaining capital into a per-ounce figure.
On the corporate calendar, IAMGOLD has not confirmed its next earnings release date, but Nasdaq’s earnings page flags Feb. 19 as an estimate based on historical reporting patterns.
