NEW YORK, December 30, 2025, 13:00 ET — Regular session
- SSR Mining shares were up about 0.8% in midday trading, tracking a rebound in bullion.
- Gold miners outperformed broader equities in thin year-end trade.
- Investors are watching the Federal Reserve’s December meeting minutes due later Tuesday.
Shares of SSR Mining Inc (Nasdaq: SSRM) rose 0.8% to $22.05 by 1:00 p.m. ET on Tuesday. The stock traded between $21.87 and $22.68, with about 892,000 shares changing hands.
The move matters now because gold-linked stocks have been swinging with bullion in year-end positioning, when lighter volumes can magnify price moves. Traders are also bracing for potential ripple effects across rates and currencies once the Fed releases its December meeting minutes later in the day.
Spot gold — the cash price for immediate delivery — was up 0.9% at $4,369.59 an ounce at 11:29 a.m. ET, after Monday’s biggest daily percentage loss since Oct. 21 as profit-taking hit following Friday’s record high of $4,549.71, Reuters reported. “Things have stabilised somewhat today, the trade remains generally favourable,” said Peter Grant, vice president and senior metals strategist at Zaner Metals. The minutes are due at 2 p.m. ET, and traders see two rate cuts next year, Reuters said. Reuters
Gold miners were broadly higher, with the VanEck Gold Miners ETF up 2.2%. Newmont gained 2.7%, Kinross added 2.4% and Agnico Eagle rose 1.2%, according to market data.
In Canada, the S&P/TSX Composite index edged higher as mining shares led the gainers, with the gold sub-index up 1.3% in morning trade, Reuters said. Michael Dehar, senior portfolio manager at Dehal Investment Partners at Raymond James, told Reuters some year-end rebalancing was under way. Reuters
U.S. stocks were subdued in what Reuters described as a light-volume session ahead of the Fed minutes. Shifts in yields and the dollar have remained a key driver for day-to-day moves in precious metals and the miners tied to them. Reuters
Rate expectations matter for gold because the metal pays no interest; higher yields can raise the opportunity cost of holding bullion versus bonds. That sensitivity tends to spill into miners when metals are the main narrative.
For SSR Mining investors, that macro push and pull is showing up directly in the tape. The stock has moved with the sector as traders balance safe-haven demand against the risk that policy signals reset rate bets.
SSR Mining operates mines in the United States, Türkiye, Canada and Argentina, producing gold doré and base-metal concentrates, according to a Reuters company profile. It also owns the Cripple Creek & Victor gold mine. Reuters
The stock’s intraday range has drawn a tight box around near-term expectations. A slide below $21.87 would leave it back under the prior close, while a push above $22.68 would mark a fresh breakout for the session.
Traders’ next test is the Fed minutes at 2 p.m. ET and any reaction in the dollar and Treasury yields. Thin liquidity into year-end could exaggerate the market’s response.
