Reported 3 days ago
Gold miners' impressive stock performance has raised concerns among investors, as shares of companies like Newmont and Agnico Eagle have surged more than 100% this year, compared to gold's modest 60% increase. Recently, the NYSE Arca Gold Miners Index experienced its largest drop since May, falling 6%, prompting investors to reconsider whether these gains are sustainable. Analysts suggest that the market is becoming too optimistic, indicating a potential limit to future price growth in this sector.
Source: YAHOO