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. Top gold mining stocks. In 2019 the company produced 68 4 tonnes of the metal a slight increase. You won t have direct exposure to the gold market but unsurprisingly gold miners stocks tend to be closely correlated to the gold price. One thing to be aware of is that gold miners tend to experience an amplification of any gold price movements.
All market cap and share price information was obtained on september 10 2018 from tradingview. Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining. A third way to invest is in companies that mine gold. If you want to buy stocks in companies with gold exposure there are dozens to choose from on the australian stock exchange.
The company is a globally diversified gold producer with eight operating mines in australia ghana peru and south africa. The main draw is that these companies offer the potential of leveraged upside to the price of gold.