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VanEck’s Casanova sees gold's pullback as noise, says mining stocks remain the standout trade

From kitco.com

The gold market continues to struggle to find consistent bullish momentum, but one fund manager noted that the precious metal remains one of the best-performing assets over the past 12 months, with mining equities taking the top spot. Gold prices continue to consolidate above $4,000 an ounce, but in her latest precious metals note, Imaru Casanova, Precious Metals Portfolio Manager at VanEck, noted that gold prices are still up roughly 22% from a year ago, when the precious metal was trading around $3,300 an ounce in July 2025. At the same time, mining equities are up nearly 46%, compared with the S&P 500, which has ... (full story)

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  • Category: Fundamental Analysis