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4 Gold Stocks to Watch in a Lackluster Industry
AEMAgnico Eagle(AEM) Zacks Investment Research·2024-02-06 18:21

Gold prices ended 2023 on a solid note. However, the commodity is currently facing headwinds from a strengthening U.S. dollar. The recent slew of U.S. economic data and remarks from the Federal Reserve officials have quelled expectations of interest rate cuts. The recent dip in gold prices, combined with inflated production costs, cloud the near-term outlook for the Zacks Mining - Gold industry.Amid this uncertainty, Agnico Eagle Mines (AEM) , Eldorado Gold (EGO) , Equinox Gold (EQX) and Kinross Gold (KGC) ...