Agnico Eagle Mines: Superior Dividend Attributes Add To Gold Price Uptick
AEMAgnico Eagle(AEM) Seeking Alpha·2024-04-14 21:00

mikulas1 After seeing only a 5.5% increase in 2023, gold miner Agnico Eagle Mines (NYSE:AEM) has had a good 2024 at the stock markets with a 12% increase year-to-date [YTD]. It would make perfect sense to assume that the spurt is associated with the safe haven investment that is gold touching all-time highs on macroeconomic developments. The latest US inflation figure of 3.5% for March indicates that the Fed can keep interest rates higher for longer. This, in turn, raises the risk of a hard landing for the ...