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Can Gold Mining Stocks Shine as the Metals Rally Falters?

Investing.com Logo Investing.com By Nathan Reiff
Can Gold Mining Stocks Shine as the Metals Rally Falters?

Gold prices have pulled back from an all-time high of $4,400 to around $4,000, but remain up 48% year-to-date. Gold mining stocks like Barrick, Agnico Eagle, and Alamos are experiencing similar market dynamics, with analysts generally maintaining bullish outlooks despite potential challenges.

Insights
B   positive

Doubled share price this year, strong Q2 earnings, increased dividend, and 13 out of 17 analysts recommend buying with 34% upside potential