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2 Gold Stocks Cool Off as Bullion Breaks Above $4K
Schaeffers Investment Research·2025-10-07 16:38

As the government shutdown stretches for a seventh day, gold prices just crossed the 4,000markforthefirsttimeever.Thesafehavencommodityhasbeenstringingrecordhighs amidpoliticaluncertainty,sonowisagoodopportunitytocheckwithmininggiantsAgnicoEagleMinesLtd(NYSE:AEM)and NewmontCorporation(NYSE:NEM).AEMisdown2.34,000 mark for the first time ever. The safe-haven commodity has been stringing record highs amid political uncertainty, so now is a good opportunity to check with mining giants Agnico Eagle Mines Ltd (NYSE:AEM) and Newmont Corporation (NYSE:NEM).AEM is down 2.3% to trade at 166.51 at last glance, taking a breather from yesterday's record high of $172.15. The stock is fresh off a seventh consecutive weekly gain amid long- ...