Agnico-Eagle Mines Limited (USA) (AEM): Is Investing in Gold Still Reliable?

Key takeaway for investors

The players in the gold mining industry may witness struggling days ahead owing to tough challenges posed by the global economic scenario. This calls for the company to focus and increase efforts on controlling its operating cost structure in order to sail through the low tide in the gold markets.

Agnico-Eagle Mines Limited (USA) (NYSE:AEM) ensures the generation of superior long-term returns for shareholders by focusing on increased production in lower risk jurisdictions, which is considered the primary threat associated with the gold mining industry.

Even though the macroeconomic environment suggests otherwise, I still advise investors to hold on to this stock, as it will yield high returns once the industry trends turn favorable.

The article Is Investing in Gold Still Reliable? originally appeared on Fool.com.

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