Before the end of the year sell-off for tax purposes in which millions of investors engage, gold prices were up as high as 70% before closing out the year up +62.31%. Nevertheless, 2025, saw new highs and 2026 expects the trend to continue, since central banks are driving much of the buying on the current bullish run.
Gold, in particular, is a reflection of currency, and its purity standards for good London delivery for trade swap and storage purposes are universally accepted and acknowledged. Gold ore on its own, not unlike crude oil, does not realize its true market value until it can undergo the refining process required to meet international acceptance criteria. Therefore, while gold mining stocks are more than likely to continue to appreciate, those that have their own refinery operations will be protected from any mining interruptions, whether they come from geological or geopolitical reasons. Therefore, the following stocks that have refining capabilities bear consideration for 2026.
This post originally appeared at 24/7 Wall St.