- Barrick Gold Corp (NYSE: GOLD) ...
- Newmont (NYSE: NEM) ...
- Kirkland Lake Gold (NYSE: KL) ...
- Franco-Nevada Gold (NYSE: FNV) ...
- Agnico Eagle Mines (NYSE: AEM) ...
- Kinross Gold (NYSE: KGC) ...
- Sibanye-Stillwater (NYSE: SBSW) ...
- Wheaton Precious Metals (NYSE: WPM)
Is it better to buy gold or gold stocks?
Relying on stocks as the only investment is an issue during an economic downturn. Gold performs better when the stock market is down which has been the case in past recessions. While gold is a safe haven during an economic crisis, it also can be a safety net during a recession.
Is it worth investing in gold stocks?
Gold stocks are typically more appealing to growth investors than to income investors. Gold stocks generally rise and fall with the price of gold, but there are well-managed mining companies that are profitable even when the price of gold is down. Increases in the price of gold are often magnified in gold-stock prices.
Should I buy gold now 2022?
US-based Citibank is bullish in its short-term outlook for the gold price in 2022. “Nominal gold prices may hold a high(er) range for the balance of 2022 as financial markets grapple with surging headline inflation, geopolitical uncertainty, and recession tail risks,” the bank's analysts wrote in mid-May.
Is Barrick Gold a good stock to buy?
GOLD boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Barrick Gold are trading at a forward earnings multiple of 20X, as well as a PEG Ratio of 10, a Price/Cash Flow ratio of 10.1X, and a Price/Sales ratio of 3.5X.