Newmont Stock Dips As Lunar New Year Reduces Demand
Newmont Corp (NYSE:NEM) shares are under pressure Tuesday as Lunar New Year market closures across Asia coincide with investor caution ahead of Wednesday's Federal Reserve meeting minutes. Here's what you should know today.Newmont stock is facing resistance. Why is NEM stock retreating?Pressure On Precious MetalsThe weakness follows an unusually volatile stretch for precious metals. Gold recently surged past $5,595 an ounce before collapsing toward $4,400 in just two days at the end of January.Focus Turns T ...