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New Gold Inc. shares rise 2.39% premarket as gold prices increase due to trade jitters and ETF inflows.
ByAinvest
Thursday, Jul 31, 2025 5:36 am ET1min read
New Gold Inc. rose 2.39% in premarket trading. The increase in gold prices, driven by a 1% rise in gold demand due to persistent inflows into gold exchange-traded funds, is likely the cause of the stock's upward movement. Additionally, Alamos Gold Inc. reported a 10% increase in gold production for the second quarter of 2025, which may have positively influenced the market sentiment towards gold mining stocks.
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