Gold Pullback Offers Entry Point as 4 Mining Stocks Post 70%+ Gains

According to Barron's, gold has retreated over 13% from its recent high of $5,247 per ounce to above $4,500, while the VanEck Vectors Gold Miners ETF (GDX-US) has fallen 24% since late February. Analysts view gold mining stocks as leveraged plays on bullion, potentially delivering returns exceeding 15% as gold prices recover. Four miners stand out: Angulo Gold (AU-US), Kinross Gold (KGC-US), Equinox Gold (EQX-US), and Orla Mining (ORLA-US)—all posting gains above 70% over the past year, significantly outpacing the ETF's 61% return.

The World Gold Council data shows central banks increased gold purchases by 17% annually from 2021 to 2025, supporting long-term price strength. JP Morgan strategists project gold could reach $5,245 per ounce by 2027, representing a 16% gain from current levels.