Gold stocks surge as prices climb over 30% in October amid Fed rate cuts and global uncertainties.

Several top gold stocks under $30 have shown strong performances in Q3 2024, with Alamos Gold, Coeur Mining, Eldorado Gold, Fortuna Mining, and others reporting significant revenue and production increases. Gold prices have surged by over 30% in October, driven by the Federal Reserve's rate cut, geopolitical tensions, and economic uncertainties. These factors, along with strong investment flows, have boosted demand and prices, making gold a popular hedge against inflation and economic instability.

November 23, 2024
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