Chart: Gold Miners 3 years performance While physical gold is a store of value, gold mining stocks are a leveraged bet on the metal itself. When bullion prices rise, miners often outperform the commodity they produce. This graphic visualizes the stock price performance of four of the world's largest gold producers from December 2022 to December 2025 , showing just how explosive that leverage can be. The Leaderboard (2022–2025) As of December 3, 2025, the sector has seen a mas