Gold Standard

Gold mining stocks priced in gold

What each of 15 gold mining stocks is worth in gold, and how that changed over one, five and ten years.

11 of 15 gold mining stocks gained against gold over one year, as of 9 October 2026.

Gained the most against gold in one year

  1. Newmont+30.3%
  2. Eldorado Gold+29.8%
  3. Wheaton Precious Metals+26.4%

Lost the most against gold in one year

  1. Gold Fields−13.2%
  2. Harmony Gold−12.2%
  3. Kinross Gold−7.9%

All 15 gold mining stocks

Gold mining stocks: value in gold and change measured in gold over one, five, and ten years, as of 9 October 2026
Asset and value1 year10 years
Newmont1 oz gold = 35.8 Newmont shares+30.3%+2.8%
Eldorado Gold1 oz gold = 112 Eldorado Gold shares+29.8%−35%
Wheaton Precious Metals1 oz gold = 30.4 Wheaton Precious Metals shares+26.4%+81.9%
AngloGold Ashanti1 oz gold = 44.8 AngloGold Ashanti shares+22.8%+108%
Barrick1 oz gold = 103 Barrick shares+17.1%−22.7%
Royal Gold1 oz gold = 17.8 Royal Gold shares+15.5%+5.8%
Franco-Nevada1 oz gold = 17.2 Franco-Nevada shares+13.2%+14.3%
Pan American Silver1 oz gold = 91.1 Pan American Silver shares+13.1%−11.6%
Gold Miners ETF (GDX)1 oz gold = 47.2 Gold Miners ETF (GDX) shares+11.3%+15%
Agnico Eagle1 oz gold = 22.3 Agnico Eagle shares+10.1%+24.6%
Junior Gold Miners ETF (GDXJ)1 oz gold = 36.8 Junior Gold Miners ETF (GDXJ) shares+7.9%−11%
Alamos Gold1 oz gold = 128 Alamos Gold shares−5.4%+32.6%
Kinross Gold1 oz gold = 178 Kinross Gold shares−7.9%+99.8%
Harmony Gold1 oz gold = 250 Harmony Gold shares−12.2%+66.7%
Gold Fields1 oz gold = 115 Gold Fields shares−13.2%+157%

Values as of 9 October 2026. The percentages are the change of each value measured in gold, sorted by the change over one year. A period an asset's history does not reach is shown as n/a.

What pricing gold mining stocks in gold shows

A gold mining company sells gold, so its share price is often expected to follow the metal. It does not do so reliably. A miner has costs for energy, labour, and equipment, it carries debt, and it depends on the mines it owns and the countries they are in. Priced in gold, a mining share shows whether the company added anything to the metal it digs up.

When a mining share gains against gold, it rose more than the metal did. When it loses against gold, holding the metal would have been the better choice, even if the share price rose in dollars. Royalty and streaming companies are listed with the miners, as are two funds that hold many mining shares at once.

Mining shares tend to move more than gold in both directions. The one-year figures in this group are therefore larger than in most others, and a single year says little about a company.

Questions about gold mining stocks and gold

Which gold mining stock gained the most against gold over one year?

Newmont. Measured in gold it gained 30.3% over one year, as of 9 October 2026, more than any other of the 15 gold mining stocks listed here.

How many gold mining stocks beat gold over one year?

11 of 15 gold mining stocks gained against gold over one year, as of 9 October 2026. The other 4 lost value against gold, even where their price in US dollars rose.

How is a gold mining stock priced in gold?

Its price is converted to US dollars where it is quoted in another currency and divided by the gold price in US dollars per troy ounce of the same time. The change in gold compares that figure with the one of a year, five years, or ten years earlier.