If you’re looking for some of the best stocks to buy now, check out gold.

After testing an all-time high of $2,480.75, the metal could easily test $2,500, even $3,000 this year. All on hopes the Federal Reserve will cut interest rates this year thanks to growing confidence that inflation is headed back to its 2% target.

One way to trade further potential upside is with Barrick Gold (GOLD).

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The company just reported preliminary second quarter production of 948,000 ounces of gold and 43,000 metric tons of copper, as compared to the 940,000 of gold and 40,000 metric tons of copper in the first quarter. 

Even better, according to the company, “As previously guided, Barrick’s gold and copper production in 2024 is expected to progressively increase each quarter through the year with a higher weighting in the second half. The Company remains on track to achieve our full-year gold and copper guidance.”

Sincerely,

Ian Cooper