North American Gold Shares Climb as Precious Metal Rises Above $5,000 an Ounce
By Robb M. Stewart
Another surge in the price of gold to fresh highs has given North American gold stocks a renewed lift.
The precious metal climbed above $5,000 a troy ounce Monday, the latest key level, as economic and trade worries have again fueled investors demand for safe-haven assets. It comes amid dollar weakness, which has stimulated central bank appetite for gold in their foreign reserves.
The latest jump for the metal has given a fresh tailwind to the shares of miners of gold around the world, and sparked rallies for gold producers ahead of the opening bell in North America.
Newmont, already up nearly 200% over the last 12 months, climbed 4.1% in premarket trading to $129.45. Dual Canadian-U.S. listed stocks including Agnico Eagle and Barrick Mining also were up strongly in New York, rising 3.2% and 3%, respectively. Kinross Gold was 3.4% higher premarket, and SSR Mining gained 4.7%.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
January 26, 2026 08:51 ET (13:51 GMT)
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