---
title: "Newmont tops profit estimates on higher gold prices, sees steady output"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293674516.md"
description: "Newmont, the world's largest gold miner, exceeded second-quarter profit estimates as rising gold prices offset lower production volumes. The company also forecast steady output for the third quarter. Gold prices have surged due to safe-haven demand and expectations of U.S. interest rate cuts."
datetime: "2026-07-23T22:41:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293674516.md)
  - [en](https://longbridge.com/en/news/293674516.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293674516.md)
generator: "portal-rs"
---

# Newmont tops profit estimates on higher gold prices, sees steady output

By Divya Rajagopal and Varun Sahay July 23 (Reuters) - Newmont, the world's biggest gold miner, beat second-quarter profit estimates on Thursday after a rally in bullion prices outweighed the impact of lower output, while it forecast steady production in the third quarter. Gold has rallied on safe-haven demand and hopes of U.S. interest rate cuts, although a stronger dollar and a crude oil-led

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**