By Allen Sykora
Kitco News
Gold-mining stocks are likely to outperform gold itself if the metal returns to a rising price environment, said fund managers and mining analysts attending the Denver Gold Forum.
Historically, this has been the case. But there was a spell during gold’s long bull run when the metal was outpacing mining shares.
Fund managers and mining analysts at the Gold Forum were generally upbeat about the precious metal’s picture for the longer term. They suggested investors’ willingness to take on more risky assets in general, coupled with the cost-cutting efforts of miners, are likely to give share prices the upper hand.