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Gold mining stocks pulled back together with the price of gold. Kinross Gold was under pressure due to its exposure to Russia, but the company managed to reach a deal to sell its Russian assets. AngloGold Ashanti stock is valued at less than 10 forward P/E, which is cheap for the current market environment.
Gold has recently suffered a serious pullback as traders focused on rising Treasury yields. At the same time, S&P 500 is trading near yearly lows, so demand for safe-haven as...
>>> Read more: Best Gold Mining Stocks To Buy In May
Gold mining stocks pulled back together with the price of gold. Kinross Gold was under pressure due to its exposure to Russia, but the company managed to reach a deal to sell its Russian assets. AngloGold Ashanti stock is valued at less than 10 forward P/E, which is cheap for the current market environment.
Gold has recently suffered a serious pullback as traders focused on rising Treasury yields. At the same time, S&P 500 is trading near yearly lows, so demand for safe-haven as...
>>> Read more: Best Gold Mining Stocks To Buy In May
