The market slumps of 2022 drove investors to many havens, including gold. While the price of the precious metal has risen 4% over the past year, that rally didn’t fully extend to gold miners’ stocks.
However, investors can expect that to change in 2023, UBS says. Such a shift would be a welcome change from the pattern that has left long-term investors of gold miners trailing the market.
Source: https://www.barrons.com/articles/gold-prices-miners-stocks-barrick-newmont-51673549605?siteid=yhoof2&yptr=yahoo