Gold Miners Are Crushing Gold: UBS Says Grab These 5 Cheap Picks

In 2025, gold-mining stocks are generally outperforming the price of gold, driven by high gold prices and improved operational efficiencies. The VanEck Gold Miners ETF (NYSE: GDX), a key benchmark for gold-mining stocks, surged 52.7% year to date through July 2025, compared to gold’s 25.35% gain.

The case for gold and gold miners is compelling for two reasons. First, gold can serve as a strategic hedge against inflation. Second, some top miners extract silver and other essential commodities for industrial applications. Spot gold has exploded to all-time highs above the levels hit in 2020. From a technical perspective, the gold market shows signs of a potential massive breakout, especially if the fighting in the Middle East and Ukraine continues or expands.

We screened the UBS current best ideas and all offer attractive entry points.

This post originally appeared at 24/7 Wall St.

Category: Gold, Precious Metals