In times of economic uncertainty, gold has long been a reliable investment option for those looking to hedge against inflation and volatility.
If you’re looking to invest in the production of gold, as well as gold itself, here are three stocks you can buy inside the NYCE app today.
Barrick Gold Corporation is one of the largest gold mining companies in the world with operations in North America, South America, Africa, and Australia.
Performance: Barrick Gold Corporation has experienced steady growth in the past decade, with its stock price increasing by 31% from 2010 to 2020.
Known for: Barrick Gold Corporation is a leader in responsible mining practices, and is committed to environmental sustainability and social responsibility.
Newmont Corporation is one of the world's leading gold mining companies with operations in North America, South America, Australia, and Africa.
Performance: Newmont Corporation has experienced significant growth in the past decade, with its stock price increasing by 184% from 2010 to 2020.
Known for: Newmont Corporation has a strong track record of responsible mining, and has been recognized as a leader in environmental stewardship and social responsibility.
Franco-Nevada Corporation is a royalty and streaming company that provides financing to gold mining companies in exchange for a share of their future production.
Performance: Franco-Nevada Corporation has experienced substantial growth in the past decade, with its stock price increasing by 780% from 2010 to 2020.
Known for: Franco-Nevada Corporation offers investors exposure to the gold industry without the risks associated with mining operations, making it a popular choice among risk-averse investors.