Why Newmont Stock Is Tumbling Today
Key Points
The conflicts in Iran and the Middle East have escalated.
The Federal Reserve could keep interest rates on hold.
These factors are hurting gold and Newmont stock.
- 10 stocks we like better than Newmont ›
Gold stocks continue to sell off in March. Shares of the world's largest gold mining company, Newmont Corporation (NYSE: NEM) fell nearly 5% in early morning trade today, extending its March losses to 18% through 11:40 a.m. ET Wednesday.
Is this an opportunity to buy?
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Image source: Getty Images.
Why is Newmont stock falling?
The price of gold fell more than 2.5% today, slipping below the critical $5,000-per-ounce mark, as investors fear the Federal Reserve will signal that interest rates will remain high for longer amid sticky inflation and rising oil prices.
The Fed will announce its latest interest rate decision on March 18. Brent crude oil price, meanwhile, rose sharply by over 5% during the day, driven by intensified conflict in the Middle East and persistent supply disruptions through the Strait of Hormuz. At the same time, the producer price index for February rose more than expected.
Because the demand for gold generally falls when interest rates are high, the yellow metal is selling off amid heightened uncertainty.
You'd rarely expect a gold stock to rise when the gold price dips. Newmont stock has also had a massive run-up in the last one year, more than doubling in value. Profit-taking on a dip in gold price, therefore, shouldn't come as a surprise.
What should you do with Newmont stock now?
With everyone offloading Newmont stock, it's tempting to follow the crowd. Don't give in to your temptation, though. Instead of hitting the panic button, these dips are an opportunity to buy shares of one of the most resilient gold miners in the industry.
Newmont generated a record $7.3 billion in free cash flow in 2025 and used $3.4 billion each to repay debt and return to shareholders.
Newmont is committed to growing dividends through commodity cycles and aims to maintain a minimum cash balance of $5 billion through the cycle. That's an incredibly powerful goal to have in the volatile precious metals industry, where cash becomes your biggest defense during challenging times.
Should you buy stock in Newmont right now?
Before you buy stock in Newmont, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Newmont wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $508,877!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,115,328!*
Now, it’s worth noting Stock Advisor’s total average return is 936% — a market-crushing outperformance compared to 189% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of March 18, 2026.
Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Recommended Articles
