Gold miner
Newmont
is the leading performer in the
S&P 500
in Tuesday afternoon trading, and it could be thanks to a gold rally.
Shares of
Newmont
were up 5% to $40.07, while gold edged 1.5% higher to $2,041.60. The yellow metal has traded higher four out of the past five days, and it’s up 12% this year, putting it on track for its best year since 2020, according to Dow Jones Market Data.
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