CommoditiesMedium•12 November 2026•
1 min read
Gold Miners Newmont and Agnico Eagle Slide as Metal Hits One-Year Low
Key Facts
1Major gold mining stocks including Newmont and Agnico Eagle Mines declined on Thursday.
2Gold prices slid to a one-year low amid fading hopes for peace in the Middle East.
Major gold mining stocks including Newmont and Agnico Eagle Mines declined on Thursday. Benzinga reported that gold prices slid to a one-year low as hopes for peace in the Middle East faded.
Agnico Eagle Mines (AEM) was trading at $181.57 on November 12, 2026, having touched a session low of $177.54. Newmont Corporation (NEM) closed at $118.47 on November 11, 2026, as mining equity valuations faced pressure from the underlying commodity hitting a 12-month low.