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Newmont: The World's Largest Gold Miner, But Is It Losing Its Shine
NEMNewmont(NEM) Seeking Alpha·2025-05-13 04:05

Core Insights - Gold prices have surged past $3000 per ounce in Q2 2025, driven by central banks globally increasing their gold reserves [1] - Geopolitical tensions and slowing global growth are contributing factors to the renewed interest in gold as a safe-haven asset [1] Industry Summary - Central banks around the world are actively stocking up on gold, indicating a strategic shift in monetary policy and asset allocation [1] - The increase in gold prices reflects broader economic concerns, including geopolitical instability and a slowdown in global economic growth [1]