Gold Just Got Cheaper and It's Jet Fuel for This 8.3% Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2025
0mins
Source: NASDAQ.COM
Gold Market Outlook: Gold prices are expected to rise due to ongoing inflation concerns and government measures aimed at stimulating the economy, despite fears of a recession being overblown.
Investment Opportunities: Two investment options highlighted are GAMCO Global Gold, Natural Resources & Income Trust (GGN) for high dividend income and Newmont Corp. (NEM) for potential growth and rising payouts as gold prices increase.
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Analyst Views on NEM
Wall Street analysts forecast NEM stock price to rise
14 Analyst Rating
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 110.190
Low
89.00
Averages
110.85
High
125.00
Current: 110.190
Low
89.00
Averages
110.85
High
125.00
About NEM
Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver with operations and/or assets in the Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea regions. The Company's operations include Brucejack, Red Chris, Penasquito, Merian, Cerro Negro, Yanacocha, Boddington, Tanami, Cadia, Lihir, Ahafo, and NGM. The Brucejack operation includes four mining leases and six core mineral claims which cover 8,169 acres (3,306 hectares) and 337 mineral claims covering 298,795 acres (120,918 hectares). The Red Chris operation includes five mining leases which cover 12,703 acres and 199 mineral claims, encompassing an area of 164,903 acres (66,734 hectares). Penasquito includes 20 mining concessions for operations comprising 113,231 acres (45,823 hectares) and 60 mining concessions for exploration of 107,456 acres (43,486 hectares). The Merian operation includes one right of exploitation encompassing an area of 41,687 acres (16,870 hectares).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Investment Strategy: As gold and silver prices rose in late January, analyst Andrew Hecht sold all risk positions in gold and silver mining stocks in The Hecht Commodity Report, resulting in significant profits and indicating a potential upcoming upward move in the market.
- ETF Recommendations: Hecht recommends investing in the VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ), which track a mix of senior and junior gold mining stocks, providing a diversified portfolio to navigate market fluctuations.
- Newmont's Competitive Edge: Agar Capital highlights Newmont (NEM) as the top investment choice due to its favorable valuation relative to the sector and an attractive return on equity exceeding 20%, showcasing its competitive advantage in the gold mining industry.
- Liquidity Assurance: As the world's largest gold mining company, Newmont is the only large gold miner included in the S&P 500, ensuring substantial structural liquidity associated with passive institutional flows, further enhancing its investment appeal.
See More
Peruvian Stock Market Thrives Amid Global Uncertainty
- Strong Market Performance: In 2026, the S&P Peru Total Index surged 23%, with over 75% growth in the past 12 months, significantly outperforming both the S&P 500 and MSCI Emerging Markets Index, highlighting Peru's robust market amidst global uncertainty.
- Commodity-Driven Growth: With rising demand for copper and gold, Peru's economic outlook is optimistic, expecting a 29.4% increase in trade for 2026, driven by higher metal export prices and improved business confidence.
- Increased Investment Opportunities: Investors can gain exposure to the Peruvian market through the EPU ETF, which has performed well over the past three years with a fee of 0.59%, outperforming the MSCI Emerging Markets ETF in four of the last five years.
- Geopolitical Impact: Despite rising global oil prices due to the Iran War, Peru's copper and gold export prices may
See More
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- Market Weakness: The S&P 500 index fell by 0.61%, the Dow Jones Industrial Average dropped by 0.26%, and the Nasdaq 100 index decreased by 0.62%, reflecting investor concerns over Middle Eastern tensions that have driven stocks to 3.5-month lows.
- Oil Price Rebound: Crude oil prices surged over 3% as Iran escalated attacks in the Strait of Hormuz, which not only heightened inflation fears but also threatened global energy supply stability, impacting market confidence.
- Mixed Economic Data: January personal spending rose by 0.4%, surpassing expectations, while capital goods new orders remained unchanged, indicating economic recovery's fragility that could influence Federal Reserve policy decisions.
- Corporate Earnings Overview: With over 98% of S&P 500 companies reporting, 74% exceeded expectations, although overall earnings growth remains challenged, with Q4 earnings projected to rise by 8.4%, demonstrating market resilience amidst uncertainties.
See More
Unexpected Industry Declines Amid the Iran War: Here's the Reason.
- Impact of War on ETF: The State Street SPDR S&P Metals & Mining ETF has experienced a significant decline since the outbreak of war in Iran.
- Percentage Drop: The ETF dropped nearly 6% from February 27, prior to the conflict, through the following Friday, according to FactSet data.
See More
Newmont Corporation Shares Decline Amid Economic Data Pressure
- Economic Growth Slowdown: The U.S. economy's annualized growth rate for Q4 2025 was revised down to 0.7% from an initial 1.4%, indicating a significant deceleration that could negatively impact gold mining companies' profitability.
- Mixed Inflation Data: The Personal Consumption Expenditures (PCE) price index rose 2.8% year-over-year in January, while Core PCE climbed to 3.1%, suggesting persistent inflationary pressures that may influence investor demand for gold.
- Gold Price Fluctuations: Gold traded at $5,083 per ounce on Friday, down 6.20% from the January 28 peak of $5,419, reflecting the complex interplay between geopolitical tensions and cooling economic growth, potentially leading investors to reassess gold's appeal as a safe-haven asset.
- Technical Analysis Signals: Newmont's shares are currently 8.6% below their 20-day Simple Moving Average but 7% above the 100-day SMA, indicating a mix of short-term pressure within a longer-term uptrend that may affect investor confidence.
See More
