Mining Stocks Lag Behind as Gold Prices Shine: A Rally on the Horizon? As gold prices ascend, nearing record highs with a more than 20% increase since last October, gold mining stocks remain unexpectedly stagnant. This discrepancy puzzles many, suggesting that either mining stocks must rise to match gold’s momentum or gold prices must adjust downward. Leading the optimistic perspective, Christopher Mancini of the Gabelli Gold Fund, emphasizes that gold stocks are bound for an uptick, given they haven’t yet reflected the rising gold prices. Despite production costs for mining companies surging by 35% since early 2020, mainly from increased labor expenses, there’s a strong belief in the sector’s potential for growth if gold continues its upward trajectory. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Analysts Predict Further Gains for Precious Metals Amid Strong Chinese Demand READ MORE Experts' Inflation Consensus Shifts, Altering Election Dynamics READ MORE Retaliation Promised: Biden's Response to Drone Attack in Jordan READ MORE Ray Dalio Advocates for Gold in the Face of Looming Debt and Inflation Threats READ MORE Leading Economic Index No Longer Predicts U.S. Recession -Conference Board READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment