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  5. AEM: What is your opinion on the gold sector over the next 12 months? [Agnico Eagle Mines Limited]
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Q: What is your opinion on the gold sector over the next 12 months? Would you be a buyer now (why/why not?). If a buyer, which companies (or ETFs) are your favourites?
Asked by Doug on August 07, 2024
5i Research Answer:

Some company suggestions: AEM, FNV, NEM. We like the sector right now. Bullion has hit new highs, and as US rates move lower gold stocks should do well. The money poured into the economy in the pandemic is still working its way through the system. Currencies globally are weak, making gold more attractive as a store of value. XGD would be a suggested ETF.

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