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Gold Is on the Rise Again. 2 Mining Stocks to Buy Now.

Gold extended its rally after spot prices rose from $4,060 an ounce on June 10 to more than $4,300 a week later, driven by easing geopolitical and inflation fears after a preliminary U.S.-Iran agreement to end the Gulf war. The article argues that the stronger gold backdrop should benefit high-quality miners with low political risk, low costs, and organic growth pipelines. It highlights Agnico Eagle Mines and Alamos Gold as preferred ways to play the move, citing strong first-quarter cash flow, record earnings, rising realized gold prices, and expanding dividends. Agnico reported $732 million in free cash flow and $1.7 billion in adjusted net income, while Alamos posted 293% adjusted EPS growth and guided to lower costs as throughput improves. Overall, the piece is bullish on gold miners and frames the gold rally as supportive of margins, cash generation, and future dividend growth.

Category

Gold

Sentiment

Bullish

Event

Market commentary

Reading time

1 min