Gold Prices Regain Upward Momentum, Poised to Return to Bull Market: Which Gold Stocks Are Worth Watching? - TradingKey

AI desk brief

Gold is portrayed as regaining bullish momentum after breaking $4,500/oz resistance, with TradingKey arguing the metal could extend toward $4,900 and re-enter a medium- to long-term uptrend. The article says the move is already improving earnings leverage across miners, especially where costs are controlled and balance sheets are strong.

It highlights Newmont for scale and cash-flow sensitivity, citing 2026 gold production guidance of about 5.26M oz, AISC around $1,680/oz, Q2 output of 1.3M oz and $2.2B in free cash flow. Agnico Eagle is framed as the quality/counter-cyclical name with 2026 production of 3.3M-3.5M oz, AISC of $1,400-$1,550/oz, Q2 AISC near $1,459/oz and record quarterly FCF of roughly $1.335B, while Wheaton Precious Metals is presented as the lower-risk streaming lever with Q2 revenue of $929M, net income of $543M and operating cash flow of $650M.