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Consequently, gold moved near a four-week high today, with spot gold at roughly $1,814.76 per ounce. Furthermore, rising geopolitical tensions related to Afghanistan and the resurgence of COVID-19 cases due to the rapid spread of the Delta variant could increase safe-haven demand for gold.
Given this backdrop, we think it could be wise to invest in small-cap gold mining stocks Centerra Gold Inc. (CGAU), Torex Gold Resources Inc. (OTC:TORXF), and Argonaut Gold Inc. (ARNGF).