5 Gold Mining Stocks to Buy Amid Fed Rate Cut Expectation in September

Industry Overview - Gold prices have increased nearly 40% year to date, reaching an all-time high of $3,647 per ounce on September 9 [1][8] - Central banks in emerging economies are actively purchasing gold to bolster reserves amid rising global debt, trade uncertainties, and geopolitical risks, particularly in the Middle East [2] - The global trend of cutting interest rates to stimulate economic growth is favorable for gold, a non-income-bearing asset [3] Market Expectations - The Federal Reserve is expected to implement a 25 basis-point interest rate cut in September 2025, following weak nonfarm payroll data [4][8] - Major investment banks like JP Morgan and Goldman Sachs predict gold prices could rise to $4,000 to $5,000 per ounce by 2026, indicating a bullish outlook for the gold market [7] Gold Mining Stocks - Investment in gold mining stocks is recommended, with five highlighted companies: Agnico Eagle Mines Ltd. (AEM), DRDGOLD Ltd. (DRD), Gold Fields Ltd. (GFI), Comstock Inc. (LODE), and GoldMining Inc. (GLDG), all carrying favorable Zacks Ranks [5][8] - Agnico Eagle Mines is focused on growth through strategic projects and acquisitions, with expected revenue and earnings growth rates of 30.6% and 64.1% for the current year [10][12] - DRDGOLD has undergone a refocusing of its gold interests, with expected revenue and earnings growth rates of 54.3% and 13.3% for the current year [13][14] - Gold Fields operates in multiple countries and has expected revenue and earnings growth rates of 71% and 93.9% for the current year [15] - Comstock Inc. focuses on precious metals mining in Nevada, with expected revenue and earnings growth rates of 17.4% and 69% for the current year [16][17] - GoldMining Inc. is engaged in mineral exploration with a focus on gold assets in the Americas, expecting an earnings growth rate of 30% for the current year [18] Supply-Demand Dynamics - The gold mining industry is facing a supply-demand imbalance due to a scarcity of new deposits and lengthy mining processes, which may drive prices higher [6] - Increased use of gold in energy, healthcare, and technology sectors is expected to further contribute to demand [7]