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By Seher Dareen
(Reuters) - Higher labor costs and sticky inflation could continue to weigh on gold miners' profits going into 2025, analysts said, but soaring prices of the yellow metal should still boost free cash flow.
Gold prices rose nearly 27% in 2024, the most since 2010, and have jumped to all-time highs this year. [GOL/]
Analysts at Bank of America said companies under its coverage might generate free cash flow of around $3 billion in the fourth quarter, with more expected in 2025.
...
>>> Read more: Labor, inflation to weigh on gold miners' results
(Reuters) - Higher labor costs and sticky inflation could continue to weigh on gold miners' profits going into 2025, analysts said, but soaring prices of the yellow metal should still boost free cash flow.
Gold prices rose nearly 27% in 2024, the most since 2010, and have jumped to all-time highs this year. [GOL/]
Analysts at Bank of America said companies under its coverage might generate free cash flow of around $3 billion in the fourth quarter, with more expected in 2025.
...
>>> Read more: Labor, inflation to weigh on gold miners' results
