The Globe and Mail reports in its Tuesday, June 16, edition that over the past three months, gold's attractiveness as a safe haven has been outweighed by higher real interest rates and U.S. dollar pressure, both driven by the Iran conflict. The Globe's guest columnist Brian Donovan writes in the Number Cruncher column that if the cease-fire holds, the structural drivers for gold remain bullish. Agnico Eagle Mines stands to benefit. Agnico has mines in Canada, Mexico, Finland and Australia, and is expected to produce between 3.3 and 3.5 million ounces in 2026. In May, Agnico announced plans to redevelop and restart Hope Bay in Nunavut by approving $2.4-billion (U.S.) of initial development capital. This will enable it to build a new mining complex around the existing Hope Bay district, with expected production of 400,000 to 435,000 ounces per year starting in 2030. Agnico Eagle also renewed its common share buyback program, looking to purchase 25 million shares between May 6, 2026, and May 5, 2027.