Newmont is trading at A$169.80, up 6.26%, in a move consistent with a rebound in gold and gold-miner shares.
- Spot gold rose 1.5% on Friday, October 16, after bargain buying, as traders weighed further U.S. rate hikes.
- No clear Newmont-specific announcement explains the October 19 move; Q3 results are scheduled for October 22.
- Broad U.S. futures were lower heading into Monday, pointing to gold-sector strength rather than broad-market sentiment.