The case for gold and gold miners is compelling for two reasons. First, gold can serve as a strategic hedge against inflation. Second, some top miners extract silver and other essential commodities for industrial applications. Spot gold has surged to all-time highs, surpassing the levels reached in 2020. From a technical perspective, the gold market appears poised for a potential massive breakout.
We screened our 24/7 Wall St. commodity database to identify the top mining companies that pay dependable, and sometimes substantial, dividends. Four top stocks make the cut, all rated Buy at top Wall Street firms.
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