Dollar Slides, Gold & Silver Keep Surging: 4 Stocks to Buy Now

Currency and Market Overview - The U.S. dollar has fallen to its weakest level in nearly four years, declining about 10% over the past year due to rising geopolitical tensions and tariff-driven market volatility [1][2] - The dollar's decline accelerated following President Trump's tariff announcements, which triggered a global market sell-off and increased uncertainty regarding trade relations, particularly with European allies [2][3] Precious Metals Performance - Gold and silver have reached record highs as investors seek safe-haven assets amid economic and geopolitical stress, with spot gold up more than 27% this year and nearing $5,600, while silver approaches a record high near $120 [4][5] - The Federal Reserve's decision to hold interest rates steady, acknowledging elevated inflation, has further supported the rally in precious metals, which typically move inversely to the dollar [5][6] Investment Opportunities in Precious Metal Stocks - AngloGold Ashanti is a leading global gold producer with a strong asset base and recent acquisitions, including Augusta Gold Corp. and Centamin, which have enhanced its production capabilities [7][8] - The Zacks Consensus Estimate for AngloGold's 2026 sales and EPS indicates a year-over-year increase of 23% and 41%, respectively, with an upward revision of 8 cents in EPS over the past 30 days [9] - Fresnillo, a major silver and gold producer in Mexico, has expanded its portfolio through the acquisition of Probe Gold, adding significant gold resources and focusing on improving production efficiency [12][13] - The Zacks Consensus Estimate for Fresnillo's 2026 sales and EPS suggests a substantial year-over-year increase of 75% and 578%, respectively, with a recent EPS revision of 35 cents [14] - Aris Mining is enhancing its presence in Latin America with a focus on gold properties and has a robust project pipeline, including the Segovia mine and the Soto Norte Project [15][16] - The Zacks Consensus Estimate for Aris Mining's 2026 EPS indicates a year-over-year surge of 91%, with an upward revision of 32 cents in the past 30 days [17] - Hecla Mining, the largest silver producer in the U.S. and Canada, is advancing its Keno Hill project towards commercial production and has promising exploration results from its Midas Project [18] - The Zacks Consensus Estimate for Hecla Mining's 2026 sales and EPS forecasts a year-over-year increase of 14% and 38%, respectively, with a recent EPS revision of 17 cents [19]