Newcrest bounces on Bernanke comments

Newcrest shares have lifted as the gold price jumps on Bernanke's comments overnight.

Newcrest Mining has jumped the most in almost five years amid a bounce in the gold price and news the embattled gold miner is to slash jobs.

The company's share price surged by 11% to $11.04 at 1315 AEST in the wake of Ben Bernanke's comments that the Federal Reserve would keep stimulating the economy into the medium term, which in turn lifted the gold price. 

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles