In this article, we will examine the Best Precious Metals Stocks to Buy Now.
Gold has been a measure of wealth and a symbol of trust for centuries. History tells us that whenever paper money collapsed, due to wars, high inflation, or financial crises, investors often turned back to gold and silver as safe havens. Even in today’s world, dominated by digital assets and complex derivatives, precious metals continue to serve as a store of value when confidence wavers.
For equity investors, rather than holding physical assets, precious metals stocks provide a way to capture both the defensive qualities of the underlying commodities and the growth potential of mining companies. Carefully selected companies in gold, silver, platinum, and palladium often outperform during economic downturns and provide useful diversification over the long term.
Gold remains the reference asset for gauging the performance of this sector and has been setting new record highs so far in September. A September 22 report from CNBC stated that this was partially due to markets pricing in a more dovish Federal Reserve path. According to the CME FedWatch tool, investors now assign a 93% probability of a 25-basis-point cut in October and an 81% chance of another in December.
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In the report, UBS analyst Giovanni Staunovo explained that gold is now drawing interest from more than just central banks and Asian buyers. Investors in the U.S. and Europe are also adding to gold through ETFs, encouraged by the outlook for lower interest rates. With Fed officials set to speak this week and key inflation data ahead, Staunovo expects gold could climb even higher.
Given this backdrop, let’s turn to our selection of the 14 best precious metals stocks to buy now.
Photo by suradeach saetang on Unsplash
Our Methodology
To create our list of the best precious metals stocks, we looked at U.S.-listed companies with exposure to gold, silver, palladium, or platinum. We used data from ETFs, industry reports, and other credible sources to build the initial pool. From there, we selected the 14 stocks most widely owned by hedge funds, based on Q2 2025 filings from Insider Monkey. Finally, we ranked them according to the number of hedge fund investors with active positions.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Note: All pricing data is as of market close on September 19, 2025.
14 Best Precious Metals Stocks to Buy Now
14. Eldorado Gold Corp. (NYSE:EGO)
Market Cap: $5.7 Billion
Number of Hedge Fund Holders: 25
Eldorado Gold Corp. (NYSE:EGO) is one of the best precious metals stocks to buy now. The company boasts a diversified portfolio of high-quality, long-life assets, including four operating gold mines and a strong pipeline of development projects.
For 2025, the company guides gold production between 460,000 and 500,000 ounces, compared to the 520,293 ounces produced in 2024. Its growth prospects are well-pegged, with total proven & probable gold reserves standing at 11.9 million ounces.
Commercial production from its Skouries mine in Greece is expected to start in mid-2026. Factoring that in, the total gold production is expected to increase 44% between 2025 and 2027 to 605-665 Koz.
The company’s balance sheet is also quite strong with over $1.0 billion in cash & equivalents, as of June 2025.
Eldorado Gold Corp.’s (NYSE:EGO) optimistic outlook is evident in the September 10th reiteration of a Buy rating by RBC Capital Markets’ Michael Siperco. Not only that, the analyst also raised his price target to $34 from $27 earlier, despite the stock’s already strong year-to-date performance. The stock currently trades at the top end of its 52-week high.
Siperco’s optimistic stance has performed very well as the stock has appreciated nearly 30% since his last Buy note on August 4.
Eldorado Gold Corp. (NYSE:EGO) is a Canadian mid-tier gold and base metals producer with mining operations in Europe and the Americas.
13. Sibanye Stillwater Ltd. (NYSE:SBSW)
Market Cap: $6.8 Billion
Number of Hedge Fund Holders: 25
Sibanye Stillwater Ltd. (NYSE:SBSW) is one of the best precious metals stocks to buy now. On September 10, Ben Davis, an analyst from RBC Capital, reiterated his positive stance with a Buy rating on the stock and raised his price target from $8.00 to $9.50.
This update follows shortly after Sibanye Stillwater reported the completion of its acquisition of Metallix Refining, which was announced on July 21, 2025. The company paid around $129 million in total enterprise value. This deal is expected to strengthen the company’s existing U.S. recycling operations and generate significant value through operational synergies.
Before Davis, an analyst from BMO Capital also raised his price target on the stock from $7.00 to $8.50 on September 2, but maintained his Market Perform rating. The analyst considered the recently reported H1 2025 results to be weaker and the South African Gold business guidance to be below expectations.
However, the analyst was upbeat about the South African platinum group metals (PGM) business, which is performing well and continues to benefit from the better pricing environment.
Sibanye Stillwater Ltd. (NYSE:SBSW) is a mining and metals processing group with a diverse portfolio of operations, including metal recycling, across the globe. The company is one of the world’s largest primary producers of platinum, palladium, and rhodium, and is a top-tier gold producer.
