You won t have direct exposure to the gold market but unsurprisingly gold miners stocks tend to be closely correlated to the gold price.
Best gold companies to invest in australia.
The main draw is that these companies offer the potential of leveraged upside to the price of gold.
Top gold mining stocks.
There are many benefits to buying gold stocks instead of the physical metal.
If you want to buy stocks in companies with gold exposure there are dozens to choose from on the australian stock exchange.
Some of the most well known are included in the table below.
One thing to be aware of is that gold miners tend to experience an amplification of any gold price movements.
In 2019 the company produced 68 4 tonnes of the metal a slight increase.
Below are the five top australian gold companies by market cap.
Gold has long been regarded as a safe haven in times of market turmoil.
A third way to invest is in companies that mine gold.