3 Stocks to Buy as the Fed's Dovish Stance Sends Gold to New Heights

Key Takeaways The Fed's dovish outlook and rate-cut expectations have driven gold to record highs above $3,800.Gold Fields shows 106.1% expected earnings growth with rising consensus estimates.Alamos Gold and NovaGold Resources also post strong earnings growth and estimate upgrades.Gold has long been considered a safe-haven asset, and its price often moves inversely to interest rates. When the Fed lowers rates, it tends to create an environment that supports higher gold prices. So, in a backdrop where marke ...