CAPITAL MARKETS

S&P 500 at fresh high, gold drops

Some markets closed today

Staff reporter

This article is 4 years old. Images might not display.

The S&P 500 is up almost 15% year-to-date and closed up 0.19% to 4,247.44, having reached 4,249.74 intraday.

All eyes this week will be on some direction from the US Federal Reserve's Federal Open Market Committee meeting.

Market futures were mixed today, with holidays in China and for the Australian stock exchange.

The gold price has plunged to US$1,866 an ounce on the spot market, having nudged the $1,900/oz mark again last week.

Barrick Gold closed down 1.5% in Toronto on Friday and Newmont lost 1% in New York.

In London, Thungela Resources, Anglo American's thermal coal spin-out, continued its recovery after a downbeat debut last week, closing up 25.4% on Friday to 158p.

Finally, Glencore rose 2.88%.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

Investor Sentiment Insights 2026

Discover what investors have planned for mining in 2026 in our industry-leading survey

editions

World Risk Insights 2025 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 120 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.