NEW YORK, December 30, 2025, 20:23 ET — Market closed.
- Newmont shares closed up about 2% at $101.86 after a volatile session for precious metals.
- Gold rebounded as investors refocused on geopolitical and economic risks, lifting bullion-linked miners.
- Traders are watching year-end liquidity, Fed signals and Newmont’s CEO changeover due Dec. 31.
Newmont Corp (NEM) shares closed up about 2% on Tuesday at $101.86, even as the S&P 500 and Nasdaq ended modestly lower in holiday-thin trade.
The move matters heading into the final session of 2025 because Newmont’s stock remains tightly tethered to bullion, and gold has been whipping around on year-end position changes.
That volatility has forced fast shifts in risk appetite across the mining sector, with miners often moving more than the metal itself as investors reset exposure.
Spot gold rose 0.8% to $4,364.70 an ounce by mid-afternoon in New York after Monday’s steep drop from Friday’s record high, while U.S. gold futures settled 1% higher. “We saw very extreme volatility yesterday … but things have stabilised somewhat today, the trade remains generally favourable,” said Peter Grant, vice president and senior metals strategist at Zaner Metals. Reuters
Silver also rebounded, rising 7.3% to $77.48 an ounce after a sharp pullback from Monday’s all-time high, Reuters reported.
Gold is often treated as a “safe-haven” — an asset investors buy when they want protection against geopolitical or economic shocks — and lower expected interest rates can support it because bullion does not pay interest.
Monday’s profit-taking was sharp. Spot gold fell 4.47% in the prior session, according to Reuters market reporting.
Newmont is also approaching a leadership handover that investors have long had on their calendars. Tom Palmer is due to step down as chief executive on Dec. 31, with Natascha Viljoen set to take over from Jan. 1, 2026, Reuters reported.
Before next session, traders will be looking for follow-through in bullion and the U.S. dollar, with liquidity typically thin into the year-end close.
On the chart, $100 is a near-term level many traders will watch after this week’s swings, while the stock remains below its 52-week high near $106, according to Investing.com data.
Macro policy remains a swing factor for metals. The Fed’s December meeting minutes showed deep divisions over the outlook after the central bank’s December cut, and the minutes flagged December jobs and inflation data due on Jan. 9 and Jan. 13 as releases normalize after a government shutdown; the Fed meets next on Jan. 27-28.
Newmont has not announced a date for its next earnings release. Nasdaq’s earnings calendar currently lists Feb. 19, 2026 as an estimate based on historical reporting patterns.
