Gold Prices Just Hit Another All-Time High. Here Are the 2 Top-Rated Gold Stocks to Buy Now.

Core Insights - Gold prices have reached record highs due to Federal Reserve Chair Jerome Powell's cautious economic outlook, which has increased investor demand for gold [1] - The metal has experienced five consecutive weekly gains, with a nearly 40% increase in value this year, driven by expectations of continued Federal Reserve rate cuts and economic uncertainty [2] Company Insights - Caledonia Mining Corporation (CMCL) reported exceptional Q2 results, achieving record production of 21,070 ounces at its Blanket Mine, leading to a 30% revenue increase to $65 million and a 147% surge in net profit to $20 million [4] - The Blanket Mine processed a record 204,915 tonnes at an improved grade of 3.31 grams per tonne, achieving a recovery rate of 94.41% [5] - CMCL raised its full-year production guidance to 77,500-79,500 ounces, reflecting strong operational performance [5] - The company reported operating cash flows of $28 million and a net cash position of $26 million, bolstered by a strategic sale of its solar plant for $22.4 million [6] - CMCL's disciplined capital allocation and operational capabilities position it well to benefit from rising gold prices, with a 10-year track record of outperforming the GDXJ index [7]