Gold Is Skyrocketing: Is the World's Largest Gold Mining Company Still a Buy After Soaring 40% in 2025?

8 hours ago 6

Justin Pope, The Motley Fool

Sat, Apr 26, 2025, 3:32 PM 4 min read

The heightened uncertainty successful the banal marketplace has caused a literal golden rush. Gold, priced successful U.S. dollars, has soared astir 24% implicit the past year. But zoom out, and golden is up implicit 900% since 2000, trouncing the S&P 500 index's 489% implicit that stretch. Newmont Corporation (NYSE: NEM), the world's largest golden mining company, has surged implicit 40% year-to-date.

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Should you put successful Newmont Corporation today, oregon has the accidental already passed? Here is what you request to know.

Gold is simply a precious metallic that comes from the ground. When you acquisition carnal golden oregon a gold-backed ETF, you ain immoderate of the existing golden supply. Buying golden mining stocks gives you equity successful the reserves, golden that is inactive successful the ground. Newmont is the world's largest golden company, though it besides produces copper, silver, zinc, and lead.

Newmont's operations span the globe, encompassing some mining projects that it straight owns and operates arsenic good arsenic those it indirectly manages done associated ventures and different partnerships. Newmont Corporation is akin to a institution that drills for oil. Its fiscal show is heavy babelike connected 2 factors:

The quantity of golden and different metals it produces.
The prevailing marketplace prices for these metals.

People put successful golden for aggregate reasons. Its long-standing worth and constricted proviso tin marque golden a fashionable hedge against inflation. Additionally, golden is often successful precocious request during uncertain times, and it is just to accidental that the Trump Administration's tariff announcements successful aboriginal April person clouded the market's outlook, adjacent if the U.S. has since walked backmost oregon paused immoderate of these policies.

Historically, golden prices person gone done boom-and-bust cycles. You tin spot this signifier repetition respective times betwixt the precocious 1970s and today:

Although the semipermanent absorption is upward, golden prices person not been consistently reliable implicit extended periods of time. It helps explicate wherefore Newmont Corporation has returned a full of conscionable 240% since 1989. Nobody knows what the aboriginal holds, but past shows that simply buying and holding Newmont Corporation doesn't nutrient large results.

The timing of erstwhile you bargain is crucial.

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