These companies are involved in the exploration, development, and production of gold and other precious metals, which can serve as a hedge against inflation and market volatility.
Here are some of the gold and other precious metals stocks include:
- Barrick Gold Corporation (GOLD): Barrick Gold is one of the largest gold mining companies in the world, with operations in North America, South America, Africa, and Australia.
- Newmont Corporation (NEM): Newmont is another major gold mining company, with operations in North America, South America, Africa, and Australia.
- Wheaton Precious Metals Corp (WPM): Wheaton Precious Metals is a streaming company that provides upfront financing to mining companies in exchange for the right to purchase a percentage of their future precious metals production at a discounted price.
- Franco-Nevada Corporation (FNV): Franco-Nevada is another streaming company that provides financing to mining companies in exchange for future production streams.
- Royal Gold, Inc. (RGLD): Royal Gold is a precious metals royalty and streaming company, which provides financing to mining companies in exchange for a percentage of their future production at a fixed price.
It’s important to note that investing always involves risks, and past performance does not guarantee future results. Before investing in any stocks or companies, it’s important to do your research and consult with a financial advisor to determine if the investment is appropriate for your individual financial situation and goals.