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3 Gold Stocks to Buy With the Metal Closing Out a Fabulous Year
EQXEquinox Gold(EQX) ZACKS·2025-01-03 14:35

Gold had a fabulous 2024, outperforming the stock market in general. Bullion jumped more than 27% in the calendar year compared with the 23% growth of the S&P 500. This was the biggest annual jump for gold in 14 years. In fact, the precious metal grew more than 30% in the year before correcting a bit as a fall-out of the U.S. elections.Historically, gold has rallied when bonds become less attractive. This is because higher interest rates increase the burden on holding gold as it does not pay a yield. Hence, ...