Analysts Tip Newmont Mining Stock (NEM) to Extend Gains in 2026
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Analysts predict Newmont Mining stock (NEM) will continue to gain in 2026, driven by gold's record high prices, central bank purchases, and geopolitical factors. Gold prices have surged ~70% this year, reaching $4,450–$4,500 an ounce, as investors seek alternatives to fiat currencies amid rate volatility. The dollar's safe-haven status is diminishing, and bond yields are declining.
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