Reported 1 day ago
Gold miners are expected to report outstanding earnings this quarter, driven by record gold prices and decreasing mining costs. As gold reached an all-time high average price, analysts predict a significant increase in profits, potentially doubling compared to previous quarters. Despite lagging behind gold's price surge, the sector's strong fundamentals and favorable conditions suggest that gold stocks may soon attract much-needed investor attention, setting the stage for ongoing growth.
Source: YAHOO