The Best Gold Stocks for September 2025
Gold just keeps surprising us. As of early September 2025, spot gold is trading near record highs, driven by renewed Fed rate cut expectations, central bank buying, and global political uncertainty. Some analysts even see the potential for gold to move higher into 2026 if investor demand continues.
On the demand side, gold-backed ETFs have seen record inflows this year, while central banks remain steady buyers. Together, these forces have kept prices elevated and sparked a strong rally across gold miners, royalty companies, and streaming firms.
Here are ten gold stocks worth a closer look right now.
Newmont Corporation (NEM)
Newmont is the largest gold miner globally and one of the top performers in 2025. Its merger with Newcrest expanded reserves and created cost synergies, making it a go-to choice for investors seeking scale, stability, and dividends.
Barrick Gold Corporation (GOLD)
Barrick remains a heavyweight in the sector. Its Nevada joint venture continues to deliver strong output, while its copper exposure provides diversification. Investors like Barrick for its balance of growth potential and defensive qualities.
Agnico Eagle Mines Limited (AEM)
Agnico has carved out a reputation as a dividend stalwart, with nearly four decades of payouts. Its Canadian and Mexican operations are in politically stable regions, and expansion projects could drive future growth despite higher capital needs.
Franco Nevada Corporation (FNV)
Franco Nevada doesn’t mine gold. Instead, it earns revenue through royalties and streaming deals across multiple mines. This model shields it from rising operating costs and makes it one of the lowest-risk ways to play gold.
Wheaton Precious Metals (WPM)
Wheaton has a diversified portfolio of streams that include gold, silver, and other metals. Its deal pipeline is expanding, giving investors both steady income and upside potential as new projects come online.
AngloGold Ashanti (AU)
AngloGold has impressed in 2025 with strong production and cost control. Growth prospects remain solid, though investors should be mindful of risks tied to its South African operations.
Harmony Gold Mining Company (HMY)
Harmony is a more volatile pick, offering higher upside when gold rallies but sharper pullbacks when sentiment fades. Technical momentum has improved this year, making it attractive for risk-tolerant investors.
Alamos Gold Inc. (AGI)
Alamos continues to grow production through projects in Canada, Mexico, and Turkey. The company’s ESG focus adds investor appeal, though regional risks remain part of the equation.
Kinross Gold Corporation (KGC)
Kinross has been working through a turnaround, with tighter cost control and stronger profitability. Its globally diversified portfolio offers value if gold prices stay elevated.
Gold Fields Limited (GFI)
Gold Fields rounds out the list with strong leverage to gold prices and a diversified footprint across Africa, Australia, and South America. Its scale makes it a solid companion to bigger names like Newmont and Barrick.
Bottom Line
Gold stocks are riding a powerful rally, but the best approach is balance. For stability, Newmont and Barrick stand tall. For lower-risk exposure, Franco Nevada and Wheaton fit the bill. For growth and higher upside, Agnico, AngloGold, and Harmony offer opportunities.
As always, gold stocks can be volatile. Diversification and patience are key to navigating this sector.
