Best Gold Companies To Invest In Australia

There are many benefits to buying gold stocks instead of the physical metal.

Best gold companies to invest in australia.

If you want to buy stocks in companies with gold exposure there are dozens to choose from on the australian stock exchange. All market cap and share price information was obtained on september 10 2018 from tradingview. You won t have direct exposure to the gold market but unsurprisingly gold miners stocks tend to be closely correlated to the gold price. In 2019 the company produced 68 4 tonnes of the metal a slight increase.

The main draw is that these companies offer the potential of leveraged upside to the price of gold. The company is a globally diversified gold producer with eight operating mines in australia ghana peru and south africa. One thing to be aware of is that gold miners tend to experience an amplification of any gold price movements. Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining.

Gold has long been regarded as a safe haven in times of market turmoil. Top gold mining stocks.