- September 07, 2022 04:14 AM EDT
- Kajal Jain
- July 05, 2022 06:44 AM EDT
- Kajal Jain
Top 5 Canadian gold stocks of 2021
- December 20, 2021 09:37 AM EST | Kajal Jain
Highlights Some market experts believe that investing in gold, or gold stocks for that matter, can help investors hedge portfolio risk and maintain their financial health in the long haul. A gold stock mentioned here increased about 42 per cent...Read More...
2 Canadian gold stocks to buy under $15 amid high inflation
- November 20, 2021 12:46 AM EST | Kajal Jain
Inflation-worried investors are looking for healthy investment options that could help in fetching returns and tackle higher prices for nearly everything. Gold stocks could be one of the safest ways to invest money and fetch returns in the future. ...Read More...
3 TSX gold stocks to buy amid inflation
- November 11, 2021 08:06 AM EST | Kajal Jain
Investment in gold stocks has traditionally been considered one of the safest ways to keep aside your money. Some market experts also believe that investing in the yellow metal can help hedge against portfolio risk, especially amid inflation. On t...Read More...
Top 5 Canadian gold stocks to buy at low prices & hold long term
- October 19, 2021 09:06 AM EDT | Team Kalkine Media
As the market is recovering from the pandemic’s setbacks, many stocks have scored fresh all-time highs over the year. Some metrics suggest that presently, stock markets are trading at historically high valuations. However, Canadian gold stocks...Read More...
5 TSX gold stocks to buy in the wake of Agnico & Kirkland merger
- September 29, 2021 01:31 PM EDT | Shreya Biswas
Highlights A merger deal between Agnico Eagle Mines and Kirkland Lake Gold was announced. The president of one of the below companies stated that the company has set a target to reduce emissions by 30 per cent by 2030 (as per its 2018 baseline)...Read More...
5 Canadian gold stocks to buy
- September 22, 2021 01:20 PM EDT | Shreya Biswas
Highlights One of the companies mentioned here is exploring discoveries in new geographies like Japan, Egypt and Guyana in its greenfield program. The encouraging drilling results and improved business performance posted by one of the below com...Read More...
9 junior gold stocks to buy to glam up your portfolio
- August 17, 2021 10:19 AM EDT | Shreya Biswas
In times of geopolitical unrest and increasing volatility, stocks across sectors are often impacted. As a result, investors go on the lookout for less risky investment options. Gold is often perceived as a safe haven, especially amid challenging t...Read More...
5 best gold stocks to buy while they are cheap
- July 21, 2021 05:53 AM EDT | Ipsita Sarkar
Gold is commonly considered a safe haven investment option. When stock markets are largely hit, mainly during a financial crisis, investors often look for alternative asset classes to invest in. For this reason, gold prices touched record highs ami...Read More...
What are the best Canadian gold stocks?
- June 25, 2021 02:06 PM EDT | Team Kalkine Media
Gold prices had surged to record levels in 2020 as more investors rushed to park their funds in the safe asset amid the pandemic. This year, however, gold has come under some pressure as the major economies turned a corner to recover from their pande...Read More...
2 Dividend-Paying Gold Stocks To Invest In
- April 29, 2021 01:06 PM EDT | Team Kalkine Media
Currently, many gold stocks are trading at a discounted value due to the dip in gold prices. However, the precious metal often grabs the attention of investors when there is uncertainty looming over the equity market. And as coronavirus cases continu...Read More...
Frequently Asked Questions
What is best way to invest in gold?
There cannot be a single best way to invest in gold. Had there been one, all investors would have rushed there leaving the alternatives redundant. That aside, the preferred way to invest in gold may be to be fully aware of the potential benefits and risks of the method you opt for. For example, if you want physical gold coins or bars, what are the upsides and downsides, where to get them from, and how to best store them. If you want to instead go for ETFs that track the price of gold, how have they performed so far and what is the outlook?
Will gold stocks go up in 2022?
In 2022, there may be multiple interest rate hikes by the Bank of Canada and other central banks, the most dominant perhaps being the US Federal Reserve. Separately, the geopolitical disturbance in Eastern Europe and a possible resurgence of the pandemic -- both of which may adversely impact economic growth -- may lead to investors chasing safe assets like gold. In such a scene, gold stocks might benefit. However, a lot would also depend on the fundamentals of the company. For example, what were its financial results in the past years and the quantum of tentative reserves it holds in the region/s where it mines gold?
What's the cheapest way to buy gold?
Similar to how there can be no best way to invest in gold, there cannot arguably be a cheapest way to buy gold. Neighborhood shops may advertise that they offer the best price for gold coins and bars, but it is always advisable to be cautious when purchasing physical gold. Ask about the purity and the accreditations like BBB that the seller holds. Another alternative may be to invest in gold stocks that may be trading for a few dollars on the TSX or other exchanges.
Should You Buy Gold?
Gold has remained an investment choice of many from time immemorial. But not everyone may want to invest in gold at a time when other investment options like shares, retirement funds and term deposits with banks are available. Not all these options have fixed returns. For example, shares of companies may lose value, but even investments in gold are prone to downside risks. Before making any decision, being aware of the potential benefits and risks of all available investment options is a good idea.