Newmont Goldcorp is trading at $118.31, up 10.08%, with the move appearing driven by gold and macro conditions.
- Reuters reported bullion climbed 2.4% as the dollar weakened after Democrats won both chambers in the November 4 midterm elections.
- Reuters also cited lower yields and expectations of slower government spending as support for bullion.
- No new company-specific announcement was cited, and no trading-volume data was provided.