Why Gold Mining Stocks May Still Have Room to Run

After climbing nearly 70% in 2025 and starting this year on strong footing, it may seem unreasonable to expect gold and gold mining stocks to deliver another year of outsized performance. Yet the evidence continues to point in that direction. While periodic pullbacks are inevitable, the primary forces driving gold’s advance remain firmly in place.Importantly, this rally is not being fueled by speculative excess or short-term momentum chasing. Instead, it reflects a series of structural shifts in global mark ...