VanEck’s Casanova Calls Gold Pullback Noise, Mining Stocks the Standout Trade

Imaru Casanova of VanEck notes gold consolidating above $4,000 is still up 22% from $3,300 a year ago. Mining equities have surged 46%, beating the S&P 500’s 22% and commodities’ 26% gains. She views near-term volatility from possible rate hikes as noise and stresses analysts’ bullish long-term forecasts averaging $4,700 for 2026-2027.