Despite shedding more than $600 from its all-time high price of roughly $5,600 per ounce in late January, gold is still one of the hottest purchases available to investors in 2026. The quick sell-off, which followed the announcement of President Trump's nomination of Kevin Warsh to be the new chair of the Federal Reserve, erased trillions of dollars' worth of value in a few days. However, some investors anticipate that, absent substantive changes in the factors initially driving the precious metals rally, it will restart.
Perhaps unsurprisingly, when the price of gold swells, so too in many cases do the share prices of some of the companies most directly responsible for producing gold. Gold mining stocks as a group have fared very well in the last year, with the rough benchmark of the VanEck Gold Miners ETF (NYSEARCA: GDX) returning an impressive 147% in the last 12 months. A few names in the gold mining space, in particular, may stand out to investors expecting there to be more room for gold prices to soar in the months to come.
