Although the price of gold has reached new record highs in 2024, gold miners are still far from their 2011 peaks. In this graphic, we illustrate the evolution of gold prices since 2000 compared to the NYSE Arca Gold BUGS Index (HUI), which consists of the largest and most widely held public gold production companies. The data was compiled by Incrementum AG. Mining Stocks Lag Far Behind In April 2024, gold reached a new record high as Federal Reserve Chair Jerome Powell signaled policymakers may delay interest rate cuts until clearer signs of declining inflation materialize. Additionally, with elections occurring in ... (full story)