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Gold mining stocks singled out as investment bank lifts gold forecast
Yahoo Finance· 2026-02-25 16:04
Gold mining stocks singled out as investment bank lifts gold forecast Proactive uses images sourced from Shutterstock Analysts at JP Morgan retain AngloGold Ashanti Limited (ADR) (NYSE:AU) and Fresnillo PLC (LSE:FRES) as top picks, citing “strong mark-to-market upgrades”, as the bank also lifted its long-term gold price assumption to $4,500 an ounce. These miners offer investors additional potential for cash returns, and scope for re-ratings relative to peers, the bank said in a note. JP also stays Ove ...