[U.S. Stock Movement] NOVAGOLD RESOURCES slumped on September 23: Strong PMI + rising yields + pressure on gold miners
Bitget异动解读2026/09/23 13:50NOVAGOLD RESOURCES September 23 Significant Drop Analysis
Keywords: Strong PMI, Rising Yields, Pressure on Gold Miners
On September 23, 2026, the U.S. S&P Global Composite PMI preliminary value for September rose to 58.4. The manufacturing and services PMIs were 57.0 and 58.7 respectively, both higher than previous values or survey estimates. After the data release, U.S. Treasury yields rose, putting pressure on the valuations of gold and non-income gold mining developers.
(Disclaimer: This content is generated by AI technology based on publicly available information. For reference only; not investment advice.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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