The traded gold mining cabinets lose their brilliance after a strong rise in 2025

Investors are withdrawing their money from the boxes that spread on the stock exchange that follows the shares of gold mines, which indicate that the attractiveness of this sector, which was a strong performance, may fade, even with the continued rise in precious metal prices. The shares of mining gold mining companies jumped this year, exceeding the 24% increase in gold prices, and a big difference on the S&B 500 index, with investors seeking safe assets amid concerns related to global trade and major government spending. The Van AK Gold Miners ETF, the largest trading box on the stock exchange, has followed this sector, with 57% since the beginning of this year. A strong performance that did not prevent the outputs that did not prevent this achievement has not prevented investors from going out in recent months. The Van I Fund saw net flow this month, with the exception of May. Others have similar sales pressure; The Sprott Gold miners traveled on the stock exchange flowing out in May, even with the prices of Bullion recorded. “People are actually selling gold mining cabinets traded on the stock exchange during the rise … We do not see new money that the sector generally enters,” said John Xiapalaia, CEO and first administrative director of “Spirott Management MP”. A group of factors pay this outflow, as Greg Taylor, the investment officer of the company “Pierfund Capital Management Ltd”, said that years of spending exceeded budgetary budgets by gold mining companies that made investors eager to retain their shares, although some companies had more disciplined in spending. He explained: “Most people consider this sector as a trading sector, not a sector for purchase.” The interest in technology shares and “Bitcoin” Taylor also indicated that the strong rise in mining stocks urged the traders to look for profits in other angles from the market, such as technology shares and “bitcoin”. The “Nasdac 100” index, which is heavy in technology stocks, has risen by 10% since the end of April, compared to an 8.4% increase in the Van Eyk fund. In a research note on May 29, analysts ‘Bofa Securities’ requested investors to buy ‘oil, not gold’, pointing out that the two assets categories “trade at the opposite parties as the relative value spectrum.” The bank pointed out that the S&B 500 distributes the highest profitable bis compared to the rough price of the ‘West Texas’ mediator since the pandemic, which is a good access point for oil, which is traded with profitable repetitions on its usual historical average in relation to gold. Gold mines are still attractive with it, and valuable metal supporters quickly referred to the most beautiful features of this sector. Among these features are stock judgments compared to corporate profits; Despite the most recent increase, the shares of mining companies remain relatively cheap compared to their history levels as it has strengthened the increase in gold prices. The shares of “Newmont Corp”, which is the largest mining company in terms of market value, traded 13 times, compared to an average of 20 times over the past five years. Analyst Habib, from Scotia Capital Inc., wrote in a memorandum on Thursday that the shares of gold mines are trading as if their total gold resources are estimated at $ 1454 an ounce, much lower than the immediate price of gold, which amounts to $ 3,380 per ounce on Thursday afternoon. Global X research analyst, ‘Global X’, said that the low cost of inputs, such as the cheapest oil and diesel prices, could improve the yields of mining companies in the upcoming seasons by increasing cash flow. Central banks still buy from other supporting factors. Central banks are still buying gold at a stable rate, so some analysts expect gold prices to continue to rise and support the shares of mining companies. The analysts of ‘Goldman Sachs’ estimate that central banks buy 80 tonnes of gold per month. The World Gold Council estimates that central banks and sovereign wealth funds combined 1000 tonnes annually, at least a quarter of the annual production obtained from gold. “Their presence has continued on the market, and they are actually indifferent to prices,” Thakray said.