Top 7 gold stocks of 2021

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 Top 7 gold stocks of 2021
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Highlights

  • Physical gold is considered an ideal asset class to buy as it provides diversification benefits.
  • Purchasing gold stocks rather than the physical metal has several advantages.
  • Stocks of gold mining companies may outperform the gold price due to increased production reducing the costs.

Gold stocks are basically the investments focused on gold that are traded publicly. Physical gold is considered an ideal asset class to buy as it provides diversification benefits. Gold prices tend to move steadily despite a slowdown, economic recession or any other negative sentiment in the markets.

Purchasing gold stocks rather than the physical metal has several advantages, the major one being potentially higher total returns on investment. This may happen because of reduction of costs and expansion of production due to economies of scale. Thus, the stocks of gold mining companies may outperform the gold prices.

However, this may not apply to all gold stocks and hence it is necessary for investors to conduct a meticulous research before investing in gold stocks. Even though several major gold stocks have been giving negative returns over the past year, they can still prove to be good investment options for the future.

Here are the top 7 UK gold stocks in 2021 that you can go for.

Top UK gold stocks

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Chaarat Gold Holdings Ltd (LON: CGH)

The current market cap of Chaarat Gold Holdings Ltd stands at £137.88 million as of 10 December 2021. It has given a negative return of 20.32% to its shareholders in the last one year. Its YTD return stands at -16.82%. Chaarat Gold Holdings Ltd’s shares were trading at GBX 19.75, down by 1.25%, at 10:22 AM (GMT) on 10 December 2021.


Anglo Asian Mining Plc (LON: AAZ)

The current market cap of Anglo Asian Mining Plc stands at £131.55 million as of 10 December 2021. It has given a negative return of 10.16% to its shareholders in the last one year. It YTD is -10.85%. Anglo Asian Mining Plc’s shares were trading at GBX 112.50, down by 2.17%, at 10:23 AM (GMT) on 10 December 2021.

Caledonia Mining Corporation PLC (LON: CMCL)

The current market cap of Caledonia Mining Corporation PLC stands at £117.36 million as of 10 December 2021. It has given a negative return of 26.10% to its shareholders in the last one year. Its YTD is -24.36%. Caledonia Mining Corporation PLC’s shares closed at GBX 920.00 as of 9 December 2021.

Centamin plc (LON: CEY)

The current market cap of Centamin plc stands at £1,013.28 million as of 10 December 2021. It has given a negative return of 29.67% to its shareholders in the last one year. Its YTD is -29.60%. Centamin plc’s shares were trading at GBX 87.16, down by 0.53%, at 10:25 AM (GMT) on 10 December 2021.

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Pan African Resources PLC (LON: PAF)

The current market cap of Pan African Resources PLC stands at £308.53 million as of 10 December 2021. It has given a negative return of 25.58% to its shareholders in the last one year. Its YTD is -32.37%. Pan African Resources PLC’s shares were trading at GBX 15.96, down by 0.25%, at 10:25 AM (GMT) on 10 December 2021.

Shanta Gold Limited (LON: SHG)

The current market cap of Shanta Gold Limited stands at £90.13 million as of 10 December 2021. It has given a negative return of 41.02% to its shareholders in the last one year. Its YTD is -48.68%. Shanta Gold Limited’s shares were trading at GBX 8.63, up by 0.29%, at 10:26 AM (GMT) on 10 December 2021.

Petropavlovsk PLC (LON: POG)

The current market cap of Petropavlovsk PLC stands at £839.73 million as of 10 December 2021. It has given a negative return of 30.99% to its shareholders in the last one year. Its YTD is -34.65%. Petropavlovsk PLC’s shares were trading at GBX 21.30, up by 0.38%, at 10:28 AM (GMT) on 10 December 2021.

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