CUR - Newmont leads gold miners higher; metal price breaks above 200-day MA
Newmont ([[NEM]] +4.5%) ranks among one of today's top gainers on the S&P 500 in a strong day for gold and mining shares, after it closed the acquisition of the remaining 85% of GT Gold Corp. it did not already own.The C$393M (US$325M) deal, first announced in March, brings the Tatogga gold-copper project in British Columbia's "Golden Triangle," into Newmont's portfolio.Newmont rode the back of gold prices that finished at their highest since January "on a slightly weaker [U.S. dollar], and with real yields turning more negative," Metals Daily's Ross Norman tells MarketWatch.June Comex gold (XAUUSD:CUR) closed +1.6% at $1,867.60/oz., with prices for the most-active contract settling at their highest since January 7 and above the 200-day moving average for the first time since early in 2021.Among today's noteworthy equities: [[GOLD]] +5%, [[KGC]] +6%, [[AUY]] +5.1%, [[AU]] +5.6%, [[KL]] +5.4%, [[AEM]] +4.5%, [[CDE]] +11.8%, [[HL]] +16.6%."Gold investors welcome an unbalanced global economic
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Newmont leads gold miners higher; metal price breaks above 200-day MA