
Gold is stealing the spotlight once again. Amid escalating geopolitical tensions, President Donald Trump’s tariff hammer, potential rate cuts, and central banks' aggressive stockpiling of gold, investor appetite for the precious metal is heating up. December-dated gold futures (GCZ25) — the most actively traded contract — climbed above the $3,500 mark on July 23 before trimming back some of those gains. One company riding the recent gold wave? Kinross Gold (KGC).
The Canadian gold mining company has been outperforming the broader market in 2025. Shares of KGC have returned a staggering 106% so far this year, dwarfing the broader S&P 500 Index ($SPX), which has gained 8% over the same period.