Gold Stocks

5 ASX gold stocks in spotlight as the yellow metal hits US$1900 -Kalkine Australian

 5 ASX gold stocks in spotlight as the yellow metal hits US$1900 -Kalkine Australian

Highlights:,Gold prices surpassed US$1,900 per ounce after almost eight months.,One of the major factors behind this rally is the US inflation data showing signs of inflation slowing.,Gold prices are recording highs, breaching US$1,900 on 12 January 2023....

Read More...
A look at five dividend paying ASX gold stocks

A look at five dividend paying ASX gold stocks

ASX 200 closed in red on 17 October and materials and energy sector reported the highest fall of over 2%.

Read More...
Musgrave Minerals (ASX:MGV) intersects yet another high-grade gold at Cue Gold project

Musgrave Minerals (ASX:MGV) intersects yet another high-grade gold at Cue Gold project

Highlights,Musgrave Minerals (ASX:MGV) has intersected high-grade near-surface gold mineralisation to the east of Break of Day prospect.,MGV has also uncovered two continuous mineralised zones at Waratah and is presently planning follow-up ...

Read More...
Vertex Minerals (ASX:VTX) solidifies its sustainability stance with ESG framework adoption

Vertex Minerals (ASX:VTX) solidifies its sustainability stance with ESG framework adoption

Highlights,Vertex Minerals (ASX:VTX) has adopted the global standard for ESG reporting and has begun disclosing ESG metrics, (announced on 8 August 2022).,VTX has engaged Socialsuite’s technology platform for disclosing and monitoring its p ...

Read More...
NST, EVN, NCM: How are these top gold stocks faring at ASX?

NST, EVN, NCM: How are these top gold stocks faring at ASX?

Australia-based gold mining company Northern Star Resources Ltd (ASX:NST) is involved in the exploration, development, mining, and processing of gold deposits and selling refined gold.

Read More...
Evolution (ASX:EVN) reports net profit of AU$323M in FY22, shares fall

Evolution (ASX:EVN) reports net profit of AU$323M in FY22, shares fall

EVN said that AU$55 million had been paid to shareholders by the Directors in the form of a fully franked final dividend of 3.0 cents per share. Since 2013, AU$1,053 million has been distributed to stockholders in 19 consecutive dividend pa ...

Read More...
NST, EVN, NCM, and PRU: ASX gold stocks on investors’ radar

NST, EVN, NCM, and PRU: ASX gold stocks on investors’ radar

NST, EVN, NCM, and PRU: ASX gold stocks on investors’ radar

Read More...
Gold prices bounce smartly, how are top gold players performing on ASX

Gold prices bounce smartly, how are top gold players performing on ASX

Highlights:,The S&P/ASX 200 Materials sector and gold prices have jumped 3.34% and 5.45%, respectively, in the last one month.,Newcrest, the largest gold mining company, recorded a 31% increase in June quarter gold production.,ASX-listed go ...

Read More...
NCM, NST EVN, PRU: Take a look at these ASX gold stocks' performance

NCM, NST EVN, PRU: Take a look at these ASX gold stocks' performance

According to Newcrest's operating report, the business met its gold production forecast for FY22 satisfactorily. However, the company's copper production declined by 3% as compared to the guidance for FY22.

Read More...
NCM, NST, EVN, PRU: How are ASX gold stocks faring today

NCM, NST, EVN, PRU: How are ASX gold stocks faring today

  • July 20, 2022 04:26 PM AEST | Ritwika

All the 11 sectors of the ASX 200 index are trading in green today, including the index itself. The S&P/ASX 200 Materials sector is one of the best performing sectors on the ASX today.

Read More...
NCM, PRU, EVN, NST: ASX gold stocks garnering investors' attention today

NCM, PRU, EVN, NST: ASX gold stocks garnering investors' attention today

  • July 14, 2022 03:51 PM AEST | Ritwika

The S&P/ASX 200 Materials sector is the best performing sector on the ASX today. We have discussed about four major ASX-listed gold stocks in our article today.

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.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK