Newmont Gains 0.56% on Gold Sector Strength $1.03B Volume Ranks 108th in Market Activity

On October 2, 2025, Newmont (NEM) rose 0.56% to close at $... with a trading volume of $1.03 billion, ranking 108th in market activity. The stock’s performance reflects sustained investor interest in gold equities amid evolving macroeconomic signals.

Recent developments highlight Newmont’s strategic positioning within the broader gold sector. Analysts noted that the company’s operational efficiency and reserve growth in key regions have bolstered its long-term appeal. However, near-term volatility remains tied to fluctuating commodity prices and central bank policy shifts, which continue to influence speculative positioning in the sector.

I can definitely set up a back-test, but I need to clarify a couple of points first: The built-in back-test engine here evaluates one ticker (or index) at a time. To replicate a “top-500-by-volume” portfolio we would normally have to create (and rebalance) an equal-weight basket of 500 tickers every day. That multi-asset portfolio construction isn’t directly supported by the single-ticker engine exposed here.

There are two practical ways forward: Use a broad index (e.g., the S&P 500, Russell 1000, or a custom equal-weight universe ETF) as a proxy for “high-volume large-caps,” and test a 1-day holding strategy on that single ticker. Export the daily top-500 list, construct the portfolio offline, and feed a P&L time-series back in for analysis (this would require an extra data-prep step outside the current tool chain). Which approach (or proxy instrument) would you like to proceed with?