On July 21, Newmont rose 3.12% in pre-market trading, trading at $91.84/share, with turnover of $706,100. The move was driven by dual catalysts: approaching quarterly earnings and a surge in gold prices following softer-than-expected U.S. inflation data.

Newmont is scheduled to report its quarterly results on July 23. Market consensus projects revenue of $6.406 billion, representing a 30.50% year-over-year increase, with adjusted earnings per share expected at $2.09, up 77.43% year-over-year. Analysts highlight that elevated gold prices and production recovery are key profit drivers, with synergies continuing to push cost curves lower.

On the macro front, U.S. June CPI declined 0.4% month-over-month with core CPI flat, both below expectations, significantly easing pressure on the Federal Reserve for near-term rate hikes. Spot gold broke above $4,100, providing broad support to the precious metals sector. Within the Gold sector, Coeur Mining rose 3.95%, Agnico Eagle Mines gained 4.06%, Barrick Mining added 2.87%, Kinross climbed 3.06%, and Pan American Silver advanced 3.34%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)