- May 02, 2022 03:26 PM AEST
Highlights Gold prices fell 0.61% to US$1,884 on Monday. The fall in bullion prices also led investors to flee from gold miners on the ASX. Most of the ASX gold stocks have traded the entire day in the negative territory. Last week, gold ...
- February 23, 2022 02:11 PM AEDT
- February 15, 2022 08:26 PM AEDT
Marvel (ASX:MVL) increases holding in Tabakorole gold project to 70%
- January 20, 2022 06:11 PM AEDT
- Sonal Goyal
After revising the joint venture with Altus Strategies, gold exploration company Marvel Gold (ASX: MVL) has increased its interest in the 1.025-million-ounce Tabakorole gold deposit in southern Mali from 51% to 70%. The firms negotiated a number o...Read More...
GBM Resources (ASX:GBZ) buys Twin Hills project from Minjar Gold
- January 17, 2022 09:35 PM AEDT
- Sonal Goyal
Highlights GBM Resources advises that the company has completed the Twin Hills Gold Project acquisition. Twin Hills Resources is considered a high prospect for additional mineralisation discovery. Queensland-based mineral exploration compa...Read More...
Why are West African Resources (ASX:WAF) shares grabbing the spotlight?
- January 07, 2022 03:06 PM AEDT
Highlights WAF delivered a record gold production of 87,320 ounces in December 2021 quarter. The miner reported a record FY21 gold sale of 295,220 ounces. WAF will further update on the gold production and cost guidance for 2022. On Frida...Read More...
Bullion hits four-week highs, flick through 3 ASX Gold stocks
- December 29, 2021 05:52 PM AEDT
- Arpit Verma
Highlights Gold hits one-month high levels on Tuesday. The gains in the prices of bullion were limited by the rise in the US equities. Many ASX-listed gold mining stocks were in the green on the back of strong gold prices. Gold pric...Read More...
Artemis Resources (ASX:ARV) to sell 70% stake in Munni Munni JV
- December 22, 2021 04:34 PM AEDT
Highlights Artemis announced to sell a 70% stake in its joint venture Munni Munni Platinum Group Metals and Gold Project. The deal is subject to several conditions, including regulatory approval. The combined value of the deal is AU$4.9 ...Read More...
Big River (ASX:BRV) wraps up water study on Borborema Project, 4Mtpa production feasible
- December 21, 2021 01:54 PM AEDT
- Nitish Kumar
Highlights Dynamic Water Balance (DWB) studies for the Borborema Gold Project supports the higher production rate. Big River Gold roped in SRK Consulting to undertake water studies over the project. The study highlighted th...Read More...
St Barbara (ASX:SBM) buying Bardoc Gold (ASX:BDC) to expand business
- December 21, 2021 12:38 PM AEDT
Highlights As per the agreement, Bardoc shareholders will receive 0.3604 new St Barbara shares for each Bardoc share. The implied value represents a 29.2% premium to the closing price of BDC shares on Frida...Read More...
Three ASX Blue chip gold stocks as yellow metal prices firm up
- December 20, 2021 07:52 PM AEDT
- Arpit Verma
Gold prices firmed up above US$1,790 per ounce on Friday, recording a weekly gain of nearly 1.15% as market participants bake in the policy adjustments by central banks. The US dollar corrected from the recent highs on the news of the Federal Reser...Read More...
Strickland Metals (ASX:STK) buys Millrose gold mines, closes over 7% up
- December 17, 2021 08:41 PM AEDT
- Sukriti Nair
Highlights Strickland Metals Limited has acquired Millrose gold mines in Yandal belt, WA. The company’s shares closed 7.81% higher on transaction completion. ASX listed gold miner, and explorer Strickland Metals Limited (ASX:ST...Read More...
Battery Minerals (ASX:BAT) to raise AU$2.7M for copper-gold projects
- December 17, 2021 06:49 PM AEDT
Highlights Battery Minerals has received firm commitments for ~AU$2.7 million in a share placement, valued at 1.1 cents per share. BAT will complete the placement in one tranche out of the company’s 15% capacity. Proceeds will be u...Read More...
Frequently Asked Questions
Investors can invest in gold mainly by buying the physical metal or jewellery, an exchange-traded fund (ETF), a gold mining stock, or via the futures market. Gold can also be bought through gold certificates. Physical bullion: Investors can buy physical gold through a registered bullion dealer. ETF: Investors can buy units of ETF without having to worry about storage or theft. Gold mining stocks: There are several gold miners listed on the ASX, whose stocks can be directly purchased by investors. Futures market: Investors can also speculate on bullion’s price movements through contract for differences (CFD) investing in the futures market.
Gold stocks have surged sharply in the past few months on account of global uncertainty, especially due to the ongoing Russia-Ukraine conflict. Gold miners have particularly outperformed, with the ASX All Ordinaries Gold Index (ASX:XGD) up over 8% so far (22 March) this year. According to a recent note by Goldman Sachs, gold prices could surge another 25% to US$2,500 an ounce by 2022-end. The note also stated that gold demand would remain robust from both central banks and Asian retail investors amid strong economic recovery.
The cheapest way to invest in gold is via ETFs and stocks. The paper gold is comparatively cheaper than physical gold as it doesn’t require any storage. The digital gold can be easily bought without the requirement of a dealer. There are a several gold ETFs listed on the ASX such as BetaShares Gold Bullion ETF-Currency Hedged (ASX:QUA), ETFS Physical Gold (ASX: GOLD) and Perth Mint Gold (PMGOLD). Gold stocks include Newcrest Mining Ltd (ASX:NCM), Northern Star Resources Ltd (ASX:NST) and Evolution Mining Ltd (ASX:EVN).
Gold has been traditionally included by investors in their investment portfolios to lower overall risk as it acts as a hedge against geopolitical tensions and inflation. The price of the yellow metal generally behaves opposite to the stock market or economic swings. It is also considered as a safe bet in times of inflation as it maintains its value in a much better way than currency-backed assets. However, experts advise not to have over 10% of your assets in gold.
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