金银铜冲高，矿业股更火！投资者猛挖“铲子股”，涨幅碾压黄金美股

Group 1 - The core viewpoint of the articles highlights the strong performance of mining stocks driven by rising prices of gold, silver, and copper, attributed to geopolitical tensions and a resurgence in demand for safe-haven assets [1][3] - The NYSE Arca Gold Miners Index has increased by approximately 12% since the beginning of 2026, outperforming the 6.9% rise in spot gold and the 0.7% increase in the S&P 500 [1] - Analysts predict that leading mining companies like Newmont Corporation (NEM.US) and Agnico Eagle Mines (AEM.US) will see their adjusted diluted earnings per share grow by over 85% year-on-year, contributing to investor interest in mining stocks despite concerns about the sustainability of gold price increases [3] Group 2 - Analyst Grant Sporre forecasts that spot gold prices could rise to $5,000 per ounce by the end of the year, although factors such as a pause in interest rate hikes by the Federal Reserve and a strong dollar may limit upward movement [4] - Silver and copper mining companies are also benefiting from the rising prices, with silver experiencing higher volatility and price increases driven by gold, while copper prices are supported by supply disruptions and increased inventory concerns due to tariff worries [4] - As mining profits rise, investor focus is shifting to companies' capital allocation strategies, with concerns that excessive spending on acquisitions during peak industry cycles could pressure stock prices [7]