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Gold Jumps 26% YTD: Add These 5 Mining Stocks to Your Portfolio
AEMAgnico Eagle(AEM) ZACKS·2025-05-22 01:11

Gold has gained around 26% year to date and is currently trading near $3,030 per ounce, supported by geopolitical risks and a weaker U.S dollar. Reports of a potential strike by Israel on Iranian nuclear sites and a possible retaliation from Iran have raised concerns that the Middle East conflict could escalate. U.S President Trump’s indication that he might not mediate the Russia and Ukraine ceasefire talks added to the uncertainty. The U.S. dollar remains under pressure after the Fed’s cautious economic o ...