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We consent to the incorporation by reference in the Post-Effective Amendment No 1 to the Registration Statement (Form S-8 No. 333-209391) pertaining to the 2025 Incentive Plan and 2015 Omnibus Long-Term Incentive Plan of Royal Gold, Inc. of our reports dated February 12, 2025, with respect to the consolidated financial statements of Royal Gold, Inc. and the effectiveness of internal control over financial reporting of Royal Gold, Inc. included in its Annual Report (Form 10-K) for the year ended December 31, 2024, filed with the Securities and Exchange Commission.