Kinross Gold (NYSE:KGC) Bolsa

Kinross Gold

Kinross Gold is a Canada-based gold producer, producing roughly 2.1 million gold equivalent ounces in 2024. The company had about a decade of gold reserves at the end of 2024. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada. If developed as we think likely, it could produce an average of more than 500,000 ounces of gold per year for at least a decade, with its unit cash costs likely in the first quartile of the industry cost curve.

Kinross Gold Corp

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Earnings Scheduled For May 6, 2025

&nbsp;(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.)
TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation ("Kinross" or the "Company") (TSX:<a class="ticker" href="https://www.benzinga.com/stock/K#TSX">K</a>, NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) announced today that it has acquired an aggregate of 7,574,237 units (each, a "Unit") of Eminent Gold Corp. ("Eminent") at a price of $0.40 per Unit and an aggregate purchase price of $3,029,694.80 (the "Acquisition"), pursuant to the closing of a private placement by Eminent of 10,711,900 Units. Each Unit consisted of one common share in the capital of Eminent (each, a "Share") and one-half of one Share purchase warrant (each whole warrant being a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Share at an exercise price of $0.70 per Share for a period of 24 months from their issuance.
Prior to the Acquisition, Kinross did not own or have control over any securities of Eminent. As a result of the Acquisition, Kinross acquired an aggregate of 7,574,237 Shares and 3,787,118 Warrants, representing approximately 9.9% of the issued and outstanding Shares on a non-diluted basis and 14.15% of the issued and outstanding Shares on a partially diluted basis.

TSX:K

Kinross Gold Acquires 7.57M Units Of Eminent Gold For C$3.03M In Private Placement Deal, Gaining Shares And Warrants With 2-Year Option To Purchase Additional Stock At C$0.70 Per Share

WIIM

GOLD

Shares of precious metals stocks are trading lower amid a drop in the price of gold and silver.

Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) has outperformed the market over the past 5 years by 2.13% on an annualized basis producing an average annual return of 16.3%. Currently, Kinross Gold has a market capitalization of $17.94 billion. 
Buying $100 In KGC: If an investor had bought $100 of KGC stock 5 years ago, it would be worth $213.08 today based on a price of $14.58 for KGC at the time of writing.
<h3>Kinross Gold's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745936112_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

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Shares of gold stocks are trading lower as gold prices drop after President Trump said he has no intention of firing Fed Chair Powell and indicated the final tariff rate with China would be "substantially" lower than the current 145%. These comments could be reducing some macro uncertainty, which recently drove gold to record highs.

A powerful rally in gold miners is turning heads on Wall Street, with the industry, as broadly tracked by the VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>), up 50% year-to-date through April 22, outperforming nearly every other asset <a href="https://www.benzinga.com/topic/gold">class around the world. </a>
Fueled by gold prices soaring above $3,300 per ounce and robust investor demand, the industry enters first-quarter earnings season with high expectations and bullish momentum.
This week, Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) and Agnico Eagle Mines Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>) will kick off first-quarter 2025 reporting, with analysts anticipating a wave of strong cash flow, operational updates and capital allocation plans.
<h3 class="wp-block-heading">What's Driving The Gold Boom?</h3>
According to VanEck portfolio manager Imaru Casanova, a &#8220;perfect storm&#8221; is lifting gold: sticky inflation, rising global debt, escalating geopolitical tensions and growing recession fears.
"Gold thrives amid uncertainty," she said during a VanEck-hosted webinar Tuesday, highlighting the sector&#8217;s leverage to bullion. Gold equities, she added, have delivered "significantly amplified returns" compared to the metal itself.
Casanova noted that gold equities have sharply outperformed bullion, highlighting that the leverage embedded in mining companies gives investors an amplified return profile when gold rises.
With miners' all-in sustaining costs around $1,400 to $1,500 per ounce, today's gold prices north of $3,300 are delivering record margins.
"If we're at $3,000 gold and the costs are $1,500, that's a $1,500 margin per ounce," Casanova said. "That's where the cash flow is."
She also highlighted the rising interest in capital return strategies, such as share buybacks and dividends. "The companies are in great shape. That makes us even more bullish—not just because of the gold price, but because of company fundamentals."
Gold prices are up 42% over the past year and 18% over the past quarter, averaging $2,862 per ounce in the first quarter of 2025. In April, gold has surged another 8.9%, now trading above $3,400.
Monthly gold ETF demand hit a three-year high in April, signaling a potential resurgence of institutional and retail interest.
The VanEck team outlined several structural supports behind the gold rally, including strong demand from central banks, tariff risk and policy uncertainty.
With gold in "uncharted territory," Casanova said, "we could enter a much higher range" that supports even more robust margins and cash flows for miners. 
<h3 class="wp-block-heading">Bullish Q1 Expectations From Wall Street</h3>
Bank of America raised target multiples and price objectives across its North American precious metals coverage this week in response to gold's strength. Analyst Lawson Winder now sees:
<ul>
<li>Newmont at $70 (from $60)</li>
<li>Agnico Eagle Mines at $159 (from $142)</li>
<li>Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) at $23 (from $19.50)</li>
<li>Kinross Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) at $17.50 (from $15.00)</li>
</ul>
BofA expects free cash flow across its coverage to total $2.2 billion for the first quarter and $16.2 billion for the full year 2025, assuming gold averages $3,063 per ounce.
With all-in sustaining costs estimated around $1,500 per ounce, the sector is capturing historically wide margins.
Read now: 
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<li><a href="https://www.benzinga.com/government/regulations/25/04/44903750/gold-price-soars-to-record-highs-eyes-best-2-month-rally-since-2011-on-blockbuster-etf-buying">Gold Price Soars To Record Highs, Eyes Best 2-Month Rally Since 2011 On Blockbuster ETF Buying</a></li>
</ul>
Photo: Shutterstock

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Gold Miners Surge 50% Year To Date As Record Bullion Prices Drive Optimism Ahead Of Earnings

Shares of gold stocks are trading lower. The commodity could be experiencing a mild reversal after a rally to all-time highs amid macro uncertainty.

Gold surged to fresh all-time highs on Monday, with bullion jumping 2.5% to $3,410 per ounce by 11:20 a.m. ET, as mounting distrust in U.S. financial assets and inflation fears drive a flight to safety unlike anything seen since the global debt crises <a href="https://www.benzinga.com/topic/donald-trump">of the early 2010s.</a>
Since early March, gold prices — tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) — have climbed an astonishing 19.4%, putting the metal on track for its strongest two-month rally since August 2011.
A perfect storm of macro instability, political friction and investor skepticism about the dollar and U.S. Treasuries is fueling the run.
<h1 class="wp-block-heading">What's Behind The Gold Boom?</h1>
The root of gold's dramatic resurgence lies in a potent mix of fundamental, structural and behavioral drivers.
The U.S. dollar and long-duration Treasuries — once go-to safe havens — have come under pressure in recent weeks amid President Donald Trump's tariff offensive and his escalating feud with Fed Chair Jerome Powell, raising fears over political interference and eroding confidence in U.S. institutions.
In this climate, gold's reputation as a neutral, time-tested store of value is attracting capital seeking stability.
As a result, traditional hedges have faltered. But gold, immune to sovereign missteps and backed by centuries of store-of-value status, has emerged as a refuge for capital looking for shelter from rising macro uncertainty.
Read also: <a href="https://www.benzinga.com/government/regulations/25/04/44899280/are-investors-selling-us-treasuries-as-trump-attacks-powell-heres-what-latest-etf-flows-tell-you">Are Investors Selling US Treasuries As Trump Attacks Powell? Here&#8217;s What Latest ETF Flows Tell You</a>
<h1 class="wp-block-heading">Massive Inflows Into Gold ETFs Confirm Strong Investment Demand</h1>
Investor appetite for gold is clearly visible in the massive inflows into gold-backed exchange-traded funds (ETFs) since mid-January, when Trump made his official return to the White House:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>ETF Name </th>
<th>Inflows (Mid-January to Mid-April)</th>
</tr>
</thead>
<tbody>
<tr>
<td>SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>)</td>
<td>$8.35 billion</td>
</tr>
<tr>
<td>iShares Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAU#NYSE">IAU</a>)</td>
<td>$3.5 billion</td>
</tr>
<tr>
<td>SPDR Gold MiniShares Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLDM#NYSE">GLDM</a>)</td>
<td>$2.46 billion</td>
</tr>
<tr>
<td>ProShares Ultra Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGL#NYSE">UGL</a>)</td>
<td>$117 million</td>
</tr>
<tr>
<td>Goldman Sachs Physical Gold ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAAU#NYSE">AAAU</a>)</td>
<td>$304.9 million</td>
</tr>
</tbody>
</table>
</figure>
These blockbuster flows signal broad-based institutional and retail demand. According to Goldman Sachs analyst Lina Thomas, the rally is not being fueled by short-term speculators.
"Data suggests the move has occurred without a substantial return of speculative flows," Thomas said. 
"With estimated COMEX speculative positioning still moderate, we view the rally as structurally supported and less exposed to sharp near-term liquidation risk. Thus, we see current levels as a tactically attractive entry point… and believe this reinforces upside risk to our $3,700/toz year-end forecast."
Ed Yardeni, president of Yardeni Research, said the current momentum validates his call from over a year ago. 
"We&#8217;ve been bullish on gold since it broke out above $2,000 per ounce at the end of February 2024. Our $4,000 target by the end of this year looks increasingly realistic. If that happens, then $5,000 would be our target for the end of 2026."
"This situation may come as a crisis for many assets, but for gold, it's a perfect outcome. Inflation fears remain high as the U.S. stock market loses trillions of dollars, and investors are leaning toward physical gold in search of security rather than risky assets like stocks and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)," said Rick Kanda, managing director at The Gold Bullion Company, in an email.
<h1 class="wp-block-heading">Miners Regain Momentum</h1>
The rally is also lifting gold miners, many of which had lagged physical bullion for much of 2024. Now, they're catching up. "Gold has surged to new all-time highs above $3,000/ounce, driven by renewed flows into gold-backed ETFs and continued strong demand from global central banks," VanEck said Monday.
"At the same time, gold miners are beginning to regain leverage to gold prices, emerging as some of the best-performing stocks so far this year."
The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) is up nearly 52% year-to-date, eyeing the strongest annual gain since the fund&#8217;s inception in 2007.
In response to the metal's powerful rally, Bank of America on Monday raised price targets across its North American gold and silver coverage. 
The move comes just ahead of first-quarter earnings season in the precious metals sector, which begins April 23 with Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) and continues with Agnico Eagle Mines Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>) on April 24.
Here are the new price targets for key names:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>New Target</th>
<th>Previous Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Agnico Eagle Mines </td>
<td>$159</td>
<td>$142</td>
</tr>
<tr>
<td>Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>)</td>
<td>$23</td>
<td>$19.50</td>
</tr>
<tr>
<td>Kinross Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>)</td>
<td>$17.50</td>
<td>$15</td>
</tr>
<tr>
<td>Newmont Corp. </td>
<td>$70</td>
<td>$60</td>
</tr>
<tr>
<td>B2Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTG#NYSE">BTG</a>)</td>
<td>$3.10</td>
<td>$2.75</td>
</tr>
<tr>
<td>Centerra Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CGAU#NYSE">CGAU</a>)</td>
<td>$6.50</td>
<td>$5.50</td>
</tr>
<tr>
<td>Eldorado Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>)</td>
<td>$19.50</td>
<td>$17.25</td>
</tr>
<tr>
<td>IAMGOLD Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>)</td>
<td>$9.25</td>
<td>$7.75</td>
</tr>
<tr>
<td>SSR Mining Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSRM#NASDAQ">SSRM</a>)</td>
<td>$9.75</td>
<td>$8.50</td>
</tr>
<tr>
<td>Alamos Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>)</td>
<td>$35</td>
<td>$30.50</td>
</tr>
<tr>
<td>New Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGD#NYSE">NGD</a>)</td>
<td>$4.55</td>
<td>$4.10</td>
</tr>
<tr>
<td>Pan American Silver Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAAS#NASDAQ">PAAS</a>)</td>
<td>$32</td>
<td>$27</td>
</tr>
<tr>
<td>Franco-Nevada Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>)</td>
<td>$195</td>
<td>$165</td>
</tr>
<tr>
<td>Royal Gold Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)</td>
<td>$183</td>
<td>$164</td>
</tr>
<tr>
<td>Triple Flag Precious Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFPM#NYSE">TFPM</a>)</td>
<td>$27</td>
<td>$24</td>
</tr>
<tr>
<td>Wheaton Precious Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPM#NYSE">WPM</a>)</td>
<td>$100</td>
<td>$86</td>
</tr>
</tbody>
</table>
</figure>
Read Now: 
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<li><a href="https://www.benzinga.com/news/25/04/44886209/if-you-had-bet-on-gold-after-the-1971-nixon-shock-youd-have-beaten-the-sp-500-unless-you-did-this-one-thing">If You Had Bet On Gold After The 1971 Nixon Shock, You&#8217;d Have Beaten The S&amp;P 500 — Unless You Did This One Thing</a></li>
</ul>
Photo: Shutterstock

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Gold Price Soars To Record Highs, Eyes Best 2-Month Rally Since 2011 On Blockbuster ETF Buying

Shares of gold stocks are trading higher after gold prices reached an all-time high.

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Shares of gold stocks are trading higher amid a rally in the value of the commodity past the price of $3300 and towards an all-time high.

General

Kinross Gold Suspends Mill Operations At Tasiast Temporarily Due To A Mill Fire Occurred On April 14

Scotiabank analyst Tanya Jakusconek maintains Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) with a Sector Outperform and raises the price target from $13 to $16.

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Scotiabank Maintains Sector Outperform on Kinross Gold, Raises Price Target to $16

These large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) stock upped 33.87% last week following director related stock transactions.</li>
<li>Harmony Gold Mining Company Limited&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMY#NYSE">HMY</a>) stock escalated 32%, probably as gold and silver gained amid macro uncertainty.</li>
<li>AngloGold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) shares surged 27.54% following the sharp rise in gold price amid macro uncertainty.</li>
<li>Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) shares increased 26.84% following President Trump&#8217;s decision to implement a 90-day pause on reciprocal tariffs <a href="https://www.benzinga.com/25/04/44720006/markets-take-off-as-trump-announces-90-day-tariff-pause-for-non-retaliating-nations-slaps-china-with-125-duty" target="_blank" rel="noreferrer noopener">for all countries except China</a>.</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) shares grew 26.57% following President Trump&#8217;s decision to implement a 90-day pause on reciprocal tariffs <a href="https://www.benzinga.com/25/04/44720006/markets-take-off-as-trump-announces-90-day-tariff-pause-for-non-retaliating-nations-slaps-china-with-125-duty" target="_blank" rel="noreferrer noopener">for all countries except China</a>.</li>
<li>Newmont (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) stock was up 24.42%. UBS analyst Daniel Major upgraded the company from Neutral to Buy and raised the <a href="https://www.benzinga.com/quote/nem/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $50 to $60</a>.</li>
<li>Broadcom Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) stock surged 24.37% on a pullback after China exempted a tariff levy on some semiconductor stocks and a 90-day tariff pause on reciprocal tariffs.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) stock rose 23.17% following the sharp rise in gold price amid macro uncertainty.</li>
<li>Kinross Gold Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) shares upped 21.97% following the sharp rise in gold price amid macro uncertainty.</li>
<li>Constellation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) stock increased 21.81%. Citigroup analyst Ryan Levine upgraded the company from Neutral to Buy and lowered the <a href="https://www.benzinga.com/quote/ceg/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $334 to $232</a>.</li>
</ol>
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Gold Related Large-Cap Stocks Outperformed In One Of The Most Volatile Weeks (Apr 7-Apr 11): Are These In Your Portfolio?

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Shares of precious metals stocks are trading higher as gold and silver gain amid macro uncertainty.

Gold prices surged past $3,212 per ounce on Friday, reaching a new record high as mining stocks continued their impressive post-inauguration rally amid escalating U.S.-China trade tensions.
What Happened: Since President Donald Trump&#8216;s Jan. 20 inauguration, major gold mining stocks have climbed over 20%, with several companies posting year-to-date gains exceeding 30% as investors seek safe-haven assets.
On Thursday, the U.S. announced a 125% tariff on Chinese imports on top of an existing 20% duty, <a href="https://www.benzinga.com/markets/equities/25/04/44753780/us-stock-futures-fall-nikkei-crashes-over-5-as-markets-reel-from-trumps-tariff-shock">bringing the total to 145%</a>. This move overshadowed Trump&#8217;s 90-day pause on higher tariffs for most other countries.
Gold stocks with over 20% year-to-date gains rallied further on Thursday amid trade tensions and record gold prices. 
<figure class="wp-block-table"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Current Price</th>
<th>Daily Change</th>
<th>YTD Gain</th>
</tr>
</thead>
<tbody>
<tr>
<td>Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>$50.94</td>
<td>+4.49%</td>
<td>+32.76%</td>
</tr>
<tr>
<td>Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>)</td>
<td>$19.24</td>
<td>+2.34%</td>
<td>+20.48%</td>
</tr>
<tr>
<td>Kinross Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>)</td>
<td>$13.69</td>
<td>+5.15%</td>
<td>+38.56%</td>
</tr>
<tr>
<td>SSR Mining Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSRM#NASDAQ">SSRM</a>)</td>
<td>$10.18</td>
<td>+1.50%</td>
<td>+41.78%</td>
</tr>
<tr>
<td>Agnico Eagle Mines Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>)</td>
<td>$111.55</td>
<td>+5.43%</td>
<td>+36.05%</td>
</tr>
<tr>
<td>US Gold Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/USAU#NASDAQ">USAU</a>)</td>
<td>$10.02</td>
<td>+16.78%</td>
<td>+62.40%</td>
</tr>
</tbody>
</table>
</figure>
&#8220;Mining was the best performing sector exiting the last three recessions,&#8221; noted JPMorgan analyst Dominic O&#8217;Kane, who <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44709602/jpmorgans-mining-stock-picks-for-a-v-shaped-recovery-analyst-sees-50-returns-over-two-years">projects more than 50% total shareholder return</a> for miners over two years.
See Also: <a href="https://www.benzinga.com/markets/bonds/25/04/44729467/trump-didnt-just-flinch-he-ducked-on-tariff-pause-says-strategist-jessica-tarlov-argues-bond-market-forced-his-hand-amid-trillions-in-market-losses">Trump &#8216;Didn&#8217;t Just Flinch, He Ducked&#8217; On Tariff Pause, Says Strategist Jessica Tarlov: Argues Bond Market Forced His Hand Amid Trillions In Market Losses</a>
Why It Matters: The latest market dynamics have been further influenced by March&#8217;s <a href="https://www.benzinga.com/markets/equities/25/04/44753780/us-stock-futures-fall-nikkei-crashes-over-5-as-markets-reel-from-trumps-tariff-shock">unexpected fall in U.S. consumer prices</a>, prompting traders to bet on Federal Reserve rate cuts beginning in June.
According to the World Gold Council, global physically backed gold ETFs experienced robust inflows of $8.6 billion in March alone, with North American investors <a href="https://www.benzinga.com/etfs/specialty-etfs/25/04/44748769/gold-fever-grips-wall-street-these-etfs-are-striking-it-rich">accounting for 76% of the quarterly total</a>.
Central banks have <a href="https://www.benzinga.com/money/gold-prices-surge">contributed significantly to gold&#8217;s rise</a>, purchasing 1,045 tonnes in 2024 – the third consecutive year exceeding 1,000 tonnes – as countries like Russia and China reduce dollar exposure.
With ongoing geopolitical <a href="https://www.benzinga.com/money/gold-prices-surge">tensions and trade uncertainty</a>, analysts expect gold&#8217;s momentum to continue through 2026, with Bank of America raising its 2026 price target to $3,350 per ounce.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44753971/cathie-woods-thursday-plays-healthcare-ai-and-crypto-ark-scoops-up-tempus-ai-and-coinbase-stock-amid-trump-tariff-crash">Cathie Wood&#8217;s Thursday Plays: Healthcare AI And Crypto — Ark Scoops Up Tempus AI and Coinbase Stock Amid Trump Tariff Crash</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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