3 Gold-Linked Stocks Log Momentum Gains As Precious Metal Hits Fresh All-Time High Nearing $4,500 Mark - Alamos Gold (NYSE:AGI), OR Royalties (NYSE:OR)
Benzinga·2025-12-23 11:22

Core Insights - Gold Spot U.S. Dollar reached a new record high of $4,497.82 per ounce, testing the psychological barrier of $4,500, which has led to a significant quantitative breakout for three gold-linked stocks [1] Gold Price Movement - Gold prices have increased by 33.08% over the last six months and 71.58% over the past year, with the latest price hovering around $4,482.96 per ounce [9] - The recent surge in gold prices is attributed to the U.S. administration's intensified oil blockade of Venezuela and the prospect of continued Federal Reserve rate cuts, with probabilities for three rate cuts in 2026 nearing 40% [9] Stock Performance - Alamos Gold Inc. (NYSE:AGI) has seen its momentum percentile rise from 89.61 to 94.06, with shares advancing by 110.23% year-to-date and 120.65% over the last year [8] - Wheaton Precious Metals Corp. (NYSE:WPM) increased its momentum percentile from 88.00 to 92.89, with stock performance showing a 110.45% increase year-to-date and 113.24% over the last year [8] - Osisko Gold Royalties Inc. (NYSE:OR) moved from 88.99 to 92.62 in momentum percentile, with shares rising by 98.07% year-to-date and 102.41% over the last year [8] Market Ranking - All three companies—Alamos Gold, Wheaton Precious Metals, and Osisko Gold Royalties—have surged into the top 10th percentile of Benzinga Edge's Stock Ranking, indicating a powerful upward trend relative to peers [2][3]