Newmont is trading at A$174.39, up +13.02%, as gold rallies on a weaker U.S. dollar.
- Reuters reported gold reached a more than two-week high on November 5 after the U.S. midterm elections, as the dollar and Treasury yields weakened.
- Lower yields and a weaker dollar supported bullion, providing a favorable backdrop for gold miners. No clear new company-specific announcement explains the move; broader materials-sector weakness is a counterpoint.