{"id":63866,"date":"2026-06-16T05:26:08","date_gmt":"2026-06-16T05:26:08","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/63866\/"},"modified":"2026-06-16T05:26:08","modified_gmt":"2026-06-16T05:26:08","slug":"gold-prices-may-rebound-barclays-says-mining-stocks-to-benefit","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/63866\/","title":{"rendered":"Gold prices may rebound, Barclays says. Mining stocks to benefit"},"content":{"rendered":"<p>Gold prices have undergone a &#8220;reset&#8221; during the Iran war, according to Barclays, which is anticipating a rebound as an end is in sight. Though spot gold rose 3.2% on Monday to $4,375 per ounce, its highest level since June 9, it remains over 20% below its January peak of over $5,589 per ounce. The war brought the metal&#8217;s safe-haven status into question, as the prospect of higher interest rates made yielding assets, like bonds, more attractive. In a note published on Monday, Barclays wrote it remains constructive on gold, saying &#8220;persistent inflation, policy uncertainty and central bank reserve diversification&#8221; would boost prices in the medium term. The analysts said these factors should &#8220;reassert themselves,&#8221; as a potential peace deal between Washington and Tehran is set to be signed later this week. &#8220;Our estimates suggest gold rises by roughly 5% for every 1% increase in the level of US CPI, leaving the inflation impulse from the recent energy shock an important part of the bullish case,&#8221; they wrote. Gold&#8217;s fall hit mining companies Since the war, the falling price of gold has lowered miners&#8217; revenues, and the oil and gas supply shock has boosted energy prices, raising their costs. Mining companies are among the most volatile stocks , typically acting as a leveraged bet on the gold price, rising during a commodities bull run and falling further during a sell-off. But Barclays is staying selective in the sector, preferring Endeavour Mining and Hochschild as both stocks trade on cheaper multiples than Fresnillo , which the analysts say is more fully valued. The bank&#8217;s global coverage holds overweight positions in Newmont Mining and Agnico Eagle Mines . That said, the bank does not anticipate an immediate comeback, as confidence in the asset among investors has ebbed. &#8220;Macro settings look set to remain a headwind for gold prices in the short term,&#8221; the analysts wrote. &#8220;Gold prices are ultimately driven by investor flows, which have been negatively impacted by a range of macro factors in recent months.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Gold prices have undergone a &#8220;reset&#8221; during the Iran war, according to Barclays, which is anticipating a rebound&hellip;\n","protected":false},"author":2,"featured_media":63867,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21264],"tags":[30410,30409,3343,13617,1498,30407,18183,30408,24,160,30406,25659,6514,30411],"class_list":["post-63866","post","type-post","status-publish","format-standard","has-post-thumbnail","category-barclays","tag-gc26q","tag-agnico-eagle-mines-ltd","tag-barclays","tag-breaking-news-markets","tag-business-news","tag-endeavour-mining-plc","tag-fresnillo-plc","tag-hochschild-mining-plc","tag-iran","tag-markets","tag-metal-commodities","tag-newmont-corporation","tag-prices","tag-spdr-gold-shares"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116758130370667495","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/63866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=63866"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/63866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/63867"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=63866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=63866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=63866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}