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4 Gold Stocks to Watch Despite the Metal Losing its Sheen

·1 min read

The prospects for the Zacks Mining - Gold industry seem dull owing to lackluster gold prices.  The metal lost steam early this year amid vaccine rollouts and optimism over economic recovery, and is currently trading below the psychological level of $1,800 an ounce, on a stronger U.S dollar.  While geopolitical tensions, the emergence of coronavirus strains, and demand in China and India might lend support, volatility remains a concern.

Nevertheless, Barrick Gold Corporation GOLD, Franco-Nevada Corporation FNV, Agnico Eagle Mines Limited AEM, and Yamana Gold Inc. AUY are well poised on their strong balance sheets and initiatives to lower costs.



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Barrick Gold Corporation (GOLD) : Free Stock Analysis Report
 
Agnico Eagle Mines Limited (AEM) : Free Stock Analysis Report
 
Yamana Gold Inc. (AUY) : Free Stock Analysis Report
 
FrancoNevada Corporation (FNV) : Free Stock Analysis Report
 
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Zacks Investment Research