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Talks over a structured deal totalling £45m are at an advanced stage and there is growing belief that a deal can be finalised over the weekend.
Gordon attended Everton's training ground on Friday morning, but had failed to turn up for the previous three days as Newcastle's efforts to sign him increased.
Sky Sports News reported this week that the forward was not there on Tuesday due to a planned absence, but did not show up on Wednesday and Thursday for unplanned reasons.
Sources indicate he did not train with the rest of his team-mates at Finch Farm on Friday, but Everton's stance is he trained as normal.
Newcastle see Gordon as a player who can operate in a number of positions across the front line.
Eddie Howe's side were rebuffed with an inquiry in the summer but have retained an interest.
During the summer transfer window, Chelsea conducted high-level talks with Everton over Gordon's availability.
He was then seen as one of Thomas Tuchel's top targets and Chelsea were prepared to pay £60m to bring him to Stamford Bridge.
Gordon has 18 months remaining on his contract at Goodison Park.
Why is Gordon in demand?
Here, we take a look at what Gordon could offer Newcastle...
Dyche expected to be appointed Everton manager
Sean Dyche is expected to be appointed Everton manager on Friday.
Former Leeds boss Marcelo Bielsa and Dyche both held talks with the club on Thursday, with the former spotted in London for negotiations with the Everton board.
But it seems the former Burnley manager has won the race to succeed Frank Lampard at Goodison Park.
Everton's next six fixtures
February 4 - Arsenal (H), kick-off 12.30pm
February 13 - Liverpool (A), live on Sky Sports, kick-off 8pm
February 18 - Leeds (H), kick-off 3pm
February 25 - Aston Villa (H), kick-off 3pm
March 5 - Nottingham Forest (A), kick-off 2pm
March 11 - Brentford (H), kick-off 3pm
Follow the January transfer window with Sky Sports
Who will be on the move this winter? The January transfer window closes at 11pm in England and midnight in Scotland on Tuesday January 31, 2023.
Keep up-to-date with all the latest transfer news and rumours in our dedicated Transfer Centre blog on Sky Sports' digital platforms. You can also catch up with the ins, outs and analysis on Sky Sports News.