11 Best Gold Stocks to Buy for 2026

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1. Gold Royalty Corp. (NYSE:GROY)

Number of Hedge Fund Holders: 23

Analysts’ Upside Potential as of January 27: 30.72%

Gold Royalty Corp. (NYSE:GROY) is among the Best Gold Stocks.

On January 26, 2026, TheFly reported that Scotiabank maintained its Outperform rating. It increased its price objective for Gold Royalty Corp. (NYSE:GROY) from $5 to $6. The change was part of a larger modification to its Gold and Precious Minerals coverage universe. Scotiabank has raised its projections for the prices of gold and silver, citing geopolitical threats, economic uncertainties, and the sector’s ongoing solid central bank gold purchases.

Furthermore, on January 23, 2026, Maxim reaffirmed its buy rating and boosted its price goal for Gold Royalty Corp. (NYSE:GROY) from $5 to $7. The company revised its valuation model to account for recent acquisitions of gold royalties and rising gold prices. According to Maxim, all of these factors suggest that the firm’s production expansion profile and exposure to rising gold prices will be beneficial.

Separately, on December 8, 2025, the company declared that it had reached a deal with BlackRock World Mining Trust plc to purchase an existing royalty on the Pedra Branca mine for $70 million in cash.

Gold Royalty Corp. (NYSE:GROY) is a royalty corporation that specializes in precious metals and offers financing solutions to the mining and metals market.

While we acknowledge the potential of GROY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GROY and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. 11 Best Gold Stocks to Buy for 2026 is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

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