Newmont Corporation’s (NEM) stock slipped below the 50-day simple moving average (SMA) last Wednesday, flashing a bearish signal. The stock also closed below its 50-day SMA at $50.10 last Friday. The pullback is largely a function of retreating gold prices. Bullion prices have fallen from the record highs clocked in April as the U.S.-China trade discussions have reduced safe-haven demand. Easing U.S. inflation also contributed to the downside. Nevertheless, the NEM stock is currently trading above its 200-d ...

Harmony Gold Mining Company Limited's (HMY) shares have shot up 55.5% over the past six months, outperforming the Zacks Mining – Gold industry’s gain of 23.6% and the S&P 500’s decline of 0.1%. The rally has been driven by a spike in gold prices and HMY’s strong operating performance. Its peers, Gold Fields Limited (GFI) and DRDGOLD Limited (DRD) , have racked up gains of 43% and 45.2%, respectively, over the same period. HMY’s 6-month Price Performance  Image Source: Zacks Investment ResearchTechnical indi ...