Newmont Corp. (NYSE: NEM) reported record third-quarter adjusted earnings on Oct. 22. However, the more important story for gold investors may be the price of gold itself.
The yellow metal has pulled back considerably from its December 2025 levels. Spot gold has traded between roughly $4,100 and $4,200 per troy ounce in October. That’s below the $4,500 assumption built into Newmont’s 2026 guidance.
