2023-04-16 02:30:32 ET
Summary
- After a massive stock price surge in the past few weeks, I anticipate headwinds for gold prices and the Kinross Gold price based on rate expectations.
- After the expected correction, I expect gold to rise to $3,000, supported by a more sustainable decline in rate expectations. This would be great news for Kinross Gold.
- Kinross Gold is one of my top miners, thanks to efficient operations, a healthy balance sheet, and a renewed focus on shareholder distributions.
For further details see:
Kinross Gold: Course Correction For The Next Rally