Best Gold Stocks to Buy for November 2025
5 Best Gold Stocks to Buy Today
| Company (Ticker) | 12 Week Price Change | Forward PE | Price | Proj EPS Growth (1 Year) | Projected Sales Growth (1Y) |
|---|---|---|---|---|---|
| Aris Mining Corporation (ARMN) | 61.74% | 9.28 | $11.28 | 260.29% | 72.70% |
| Kinross Gold (KGC) | 30.75% | 15.65 | $25.60 | 139.71% | 26.87% |
| Newmont (NEM) | 28.01% | 15.06 | $88.27 | 71.18% | 14.09% |
| Gold Fields Limited (GFI) | 36.45% | 13.22 | $40.93 | 136.61% | 56.33% |
| AngloGold Ashanti PLC (AU) | 47.18% | 13.91 | $80.07 | 162.44% | 60.42% |
*Updated on November 14, 2025.
Aris Mining Corporation (ARMN)
$11.28 USD -0.09 (-0.79%)
3-Year Stock Price Performance
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- Zacks Rank
Strong Buy 1
- Style Scores
B Value A Growth B Momentum A VGM
- Market Cap:$2.30B (Mid Cap)
- Projected EPS Growth:261.76%
- Last Quarter EPS Growth: 39.13%
- Last EPS Surprise:33.33%
- Next EPS Report date: March 11, 2026
Our Take:
Aris Mining is an Americas-focused gold producer with core exposure to Colombia through Segovia, Marmato Mine and growth optionality at Soto Norte, giving the company direct leverage to bullion prices. It also owns the Toroparu Project in Guyana. Higher production, growing cash generation, assets and portfolio depth following an additional stake in Soto Norte are buoying the stock.
Operational momentum has accelerated with record quarterly revenue through the first nine months of 2025 and rising output, helped by higher grades at Segovia and efficiency gains. Its balance sheet remains flexible with more cash in hand than long-term debt. The Zacks Rank #1 (Strong Buy) and Style Scores of B across Value, Growth and Momentum signal broadly favorable revisions, improving profitability and supportive price action.
On ARMN’s Price, Consensus & EPS Surprise chart, shares trend higher as 2026–2027 EPS lines step up, confirming positive revisions. The production ramp-up at Segovia remains on track to achieve production guidance through 2026.
Kinross Gold (KGC)
$25.60 USD +0.09 (0.35%)
3-Year Stock Price Performance
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- Zacks Rank
- Strong Buy 1
- Style Scores
B Value A Growth C Momentum A VGM
- Market Cap:$30.80B (Large Cap)
- Projected EPS Growth: 139.71%
- Last Quarter EPS Growth: 0.00%
- Last EPS Surprise:12.82%
- Next EPS Report date:Feb. 11, 2026
Our Take:
Kinross is a diversified gold producer anchored by Tasiast in Mauritania, Paracatu in Brazil, and a high-quality pipeline led by Great Bear in Canada, providing strong torque to gold prices and medium-term organic growth. Great Bear’s scale and quality support multi-decade optionality tied to gold prices. After a short-lived fire-related disruption, Tasiast operations normalized, while the Great Bear program continues to advance with phased Impact Statement submissions on track.
A Zacks Rank #1 and Style Scores of C for Value, A for Growth and B for Momentum indicate that estimates and momentum outweigh valuation concerns, with growth supportive as revisions and price trends improve.
KGC’s chart shows the stock breaking higher alongside rising out-year EPS lines post-mid-2025, reflecting improved guidance and stronger pricing. Elevated gold prices and disciplined costs underpin cash generation that is funding higher buybacks and a dividend increase. In 2025 alone, Kinross plans to return $750 million to shareholders.
Newmont (NEM)
$88.27 USD -1.45 (-1.62%)
3-Year Stock Price Performance
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- Zacks Rank
- Strong Buy 1
- Style Scores
C Value C Growth C Momentum B VGM
- Market Cap: $97.91B (Large Cap)
- Projected EPS Growth: 71.26%
- Last Quarter EPS Growth: 19.58%
- Last EPS Surprise:32.56%
- Next EPS Report date: Feb. 19, 2026
Our Take:
Newmont, the world’s largest gold producer with growing copper exposure, has reshaped its portfolio through the Newcrest acquisition and a series of targeted divestments. The strategy is clear: integrate Tier-1 assets, capture synergies and streamline the operating base to lift returns. Scale is a critical advantage in gold mining, and Newmont now controls a deep pipeline and a concentrated set of long-life mines in top-tier jurisdictions, reducing operational risk.
A Zacks Rank #1 with Style Scores of C for Value and Growth and D for Momentum suggests revisions are positive, but near-term momentum is uneven and valuation mixed, consistent with a mega-cap integrating assets and sequencing growth. Its copper by-product credits add a valuable hedge against rising costs.
On NEM’s chart, shares have advanced with 2026–2027 EPS lines resetting higher, echoing streamlining focus and cash-return visibility. As integration and asset sales progress, Newmont’s balance-sheet flexibility will improve, setting up a more resilient, higher-quality production profile.
Gold Fields Limited (GFI)
$40.93 USD -0.36 (-0.87%)
3-Year Stock Price Performance
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- Zacks Rank
- Strong Buy 1
- Style Scores
C Value A Growth C Momentum B VGM
- Market Cap: $36.96B (Large Cap)
- Projected EPS Growth:136.36%
- Last Quarter EPS Growth:NA
- Last EPS Surprise:NA
- Next EPS Report date:NA
Our Take:
Gold Fields offers concentrated gold exposure with steady growth from the Chilean Salares Norte mine, now ramping and expected to reach steady-state throughput into late-2025. It is advancing 19 active projects across four continents and exploring more than 40 targets. Renewal of the Tarkwa lease in Ghana, a core long-life asset, will further strengthen Gold Fields’ strategic production base. Its Phoenix Joint Venture with Bonterra has already exceeded 70,000m of drilling.
A Zacks Rank #1 with Style Scores of C for Value, A for Growth and C for Momentum points to strong earnings revisions and growth characteristics, with valuation and momentum more neutral. The addition of the Gruyere mine in Western Australia last month expanded its footprint in the region.
It expects the gold-equivalent production to reach the upper end of the 2.25Moz – 2.45Moz guidance range in 2025. GFI’s chart shows price strength tracking higher 2026–2027 EPS forecasts as Salares Norte ramps, validating revisions.
AngloGold Ashanti PLC (AU)
$80.07 USD -0.63 (-0.78%)
3-Year Stock Price Performance
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- Zacks Rank
- Strong Buy 1
- Style Scores
C Value B Growth C Momentum B VGM
- Market Cap:$33.87B (Large Cap)
- Projected EPS Growth:162.44%
- Last Quarter EPS Growth: 5.60%
- Last EPS Surprise:-1.49%
- Next EPS Report date:Feb. 18, 2026
Our Take:
AngloGold Ashanti is a global gold producer anchored by core operations in Africa and Latin America, with its most compelling growth runway emerging in Nevada’s Beatty district. The Silicon–Merlin (Arthur Gold Project) system represents a multi-million-ounce opportunity that strengthens both scale and jurisdictional quality. The October 2025 closing of the $111 million Augusta Gold acquisition expands its land position, while steady reserve additions and widening AISC margins highlight disciplined execution.
The company’s shift to a U.S. listing and U.K. domicile further enhances capital access as Beatty advances toward becoming a long-life production hub. Its Zacks Rank #1, paired with Style Scores of B for Growth and D for Value and Momentum, reflects powerful estimate revisions and strengthening fundamentals despite valuation constraints and short-term volatility.
On AU’s chart, shares have trended higher as 2026–2027 EPS estimates step up, reflecting stronger fundamentals and Nevada optionality.
Methodology
The Zacks Rank is a proprietary stock-rating model that uses trends in earnings estimate revisions and earnings-per-share (EPS) surprises to classify stocks into five groups: #1 (Strong Buy), #2 (Buy), #3 (Hold), #4 (Sell) and #5 (Strong Sell). The Zacks Rank is calculated through four primary factors related to earnings estimates: analysts' consensus on earnings estimate revisions, the magnitude of revision change, the upside potential and estimate surprise (or the degree in which earnings per share deviated from the previous quarter).
Zacks builds the data from 3,000 analysts at over 150 different brokerage firms. The average yearly gain for Zacks Rank #1 (Strong Buy) stocks is +23.62% per year from January, 1988, through June 2, 2025.
Selections for Best Gold Stocks are based on the current top ranking stocks based on Zacks Indicator Score. For this list, only companies that have average daily trading volumes of 100,000 shares or more and at least five analysts covering the stock were considered. All information is current as of market open, Nov. 14, 2025.
Guide to Gold Stocks
Is it a good time to invest in gold stocks right now?
Given that gold prices are already elevated and many forecasts point to further upside, now is considered a “reasonable time” by many analysts to consider gold stocks. The leverage effect of mining companies means they may outperform bullion if gold continues to rise.
However, one must also be cautious: valuations for some stocks might already reflect part of the rally, and risks remain (see next). It’s prudent to size positions carefully and maintain diversification.
Benefits of investing in gold stocks
- Operational leverage: As gold prices climb, miners’ margins expand because cost per ounce is relatively fixed.
- Dividend potential: Some mature gold companies pay dividends or buy back shares, offering a yield component beyond price appreciation.
- Portfolio diversification: Gold stocks can reduce correlation with typical growth stocks, providing a hedge in volatile markets.
Risks of investing in gold stocks
- Operational & geological risk: Mining has many moving parts—cost overruns, mine disruptions, regulatory issues, jurisdiction risks.
- Gold-price risk: If gold falls or stagnates (for example due to higher interest rates), miners will suffer in the opposite direction—sometimes more steeply.
- Valuation risk: Stocks may already price in strong future gold prices; if those don’t materialize, downside exists.
Gold stocks vs Gold stocks ETF vs physical Gold
- Physical Gold: You own actual bullion; no company risk, but you incur storage & insurance costs, no dividends, and liquidity might be lower.
- Gold stocks: You get corporate leverage to gold price, potential dividends, but you assume company-specific risks.
- Gold ETFs (physical bullion): Track gold price directly, low cost, easy to trade, no storage issues—but they don’t offer dividends or operations upside.
- Gold-mining ETFs: Bundle many gold stocks—diversifies company risk but still carries mining equity risk—and may amplify upside or downside relative to bullion.
How to Select the Best Gold Stocks
When evaluating individual gold names:
- Check cost per ounce (all-in sustaining cost) and production profile.
- Verify debt levels and balance-sheet health.
- Look for a diversified asset base (geography, mine life).
- Dividend or buyback policy.
- Management track-record and governance.
- Valuation relative to peers and forward earnings.
Gold stocks vs Silver stocks: Which one is better?
Silver stocks offer exposure to both precious-metal demand and industrial applications (solar panels, EVs, electronics), which creates a different demand profile. That said, silver often underperforms gold during safe-haven rushes and may carry extra cyclicality. For investors focused purely on a hedge or safe-haven, gold stocks are often the preferred choice—but mixing both may enhance diversification.
Market Trend and Forecast about Gold Stocks
What factors are driving gold prices?
Key drivers include:
- Central-bank buying of gold as part of reserves diversification.
- A weak U.S. dollar and lower real interest rates make gold more attractive (because gold yields no interest).
- Geopolitical uncertainty and inflation concerns push investors toward safe-haven assets.
- For miners: higher gold price, stable or declining costs per ounce, improved cash flows.
How do gold stocks perform during inflation or recession?
Historically, gold and gold-stocks have had better relative performance during periods of high inflation or economic stress—thanks to their hedge status. In recessions, while equities may falter, gold may hold its value or rise, which can support gold stocks. That said, mining companies may face production or cost pressures during downturns, so while the metal may hold up, company risks still exist.
Are gold mining stocks undervalued right now?
According to some research, yes. For example, one note points out that while gold has rallied significantly, many mining companies’ valuations remain conservative relative to the metal’s price — offering potential upside if the rally continues.
Still, because many investors have already rotated into the sector, valuations may be less of a bargain than in past cycles.
Will rising Interest rates hurt gold mining companies?
Rising real (inflation-adjusted) interest rates typically increase the opportunity cost of holding non-yielding assets like gold, which can weigh on gold prices—and thus miners. Additionally, higher rates increase costs for mining firms that borrow. On the flip side, if higher rates reflect inflation-risk or weakness in the economy, gold may benefit. So the net impact depends on the underlying cause of rate increases.
Gold ETFs and Alternatives
Are gold ETFs better than individual gold stocks?
If your primary goal is to track the price of gold (for example as a hedge) rather than pick specific companies, ETFs that hold physical gold may be a simpler, lower-risk approach. They eliminate much of the company-specific risk inherent in mining stocks. On the other hand, stock exposure offers the possibility of outsized returns (when gold rises) via operational leverage—but also greater downside.
Should I invest in gold mutual funds or ETFs? Where is the difference?
- Gold ETFs typically offer direct exposure, low expense ratios, high liquidity, and transparent holdings.
- Gold mutual funds may invest in a mix of gold stocks, sometimes along with other precious-metal companies, and may have higher fees or minimums. For many self-directed investors, ETFs are more efficient.
Which is appropriate depends on your tax situation, jurisdiction, and preferred investment vehicle.
Should I invest in gold for diversification or growth?
Gold is most commonly used as a diversifier—to reduce portfolio risk, hedge inflation, or provide safe-haven exposure. If you’re seeking growth, gold stocks (especially mining companies) may offer upside—but with higher risk. Understand the role you want gold to play in your portfolio before choosing.
How do dividends from gold companies compare to other sectors?
Many gold mining companies may pay dividends or buy back shares, but yields generally tend to be lower than high-dividend sectors such as utilities or REITs. Because their cash-flows are heavily dependent on commodity prices, dividends may be more variable and less predictable. Royalty/streaming companies often offer steadier payouts.
Best way to diversify with silver in a portfolio
Silver provides a related yet distinct exposure: it is both a precious metal and an industrial metal. To diversify with silver: consider silver-mining stocks or silver ETFs; assess how it correlates with gold and your broader portfolio; keep allocation moderate since silver can be more volatile. Pairing gold and silver may add another dimension of diversification.
Should I invest $1,000 Right now in Gold Stocks and What Will It Look Like?
If you invest $1,000 today in a basket of gold stocks or a gold-stock oriented ETF, here’s a simplified illustration:
- Suppose gold rises by 20% over the next year and miners, benefiting from operational leverage, rise by 30%.
- A $1,000 investment grows to $1,300 (assuming no fees/dividends).
- If instead gold stagnates or falls 10%, miners might fall 15-20% due to the leveraged effect, and you’d end up around $800-$850.
This underlines both the opportunity and risk. A prudent approach: allocate only a portion of your portfolio (e.g., 5-10%) to gold stocks, have a longer time horizon (3-5 years or more), and monitor costs, valuations, the macro backdrop, and company fundamentals.
Common Questions About Gold Stocks
Do gold stocks pay dividends?
Yes—many established gold companies (especially large-caps or royalty/streaming firms) distribute dividends or execute buy-backs. However, payout levels depend on production, gold price, costs, and company capital allocation decisions.
What stocks are backed by gold?
While no stock is “backed” by gold in the same way that a bullion bar is backed, many mining companies’ profitability is tied directly to the gold price. Royalty or streaming companies may also offer quasi-“gold exposure” via agreements to buy gold production at fixed prices.
Is Warren Buffett buying gold?
Historically, Buffett has expressed skepticism toward gold as a productive investment and has favoured businesses generating cash flow rather than commodities per se. There’s no major reported shift recently indicating he’s investing heavily in gold or gold stocks. (As always, check the latest filings for updates.)
