Gold shares today

Investors might not want to get too carried away -- volatility is likely here to stay given the circumstances -- but Wall Street reacted favorably to new federal stimulus measures being planned to prop up the American economy. All of the gold and silver stocks cooled off a bit in late-afternoon trading. Then, somewhat surprisingly, most asset classes fell together in early March. Bonds, stocks, and gold all declined in value simultaneously, which is not what investors might have expected. Again, given the circumstances and lack of historical parallels, investors apparently decided to sell everything until more information was available.

Gold: Latest price and chart

Investors in gold are among the few who possibly aren't feeling the pinch of the coronavirus market sell-off. Gold prices have surged in recent weeks, proving yet again that the yellow metal remains a preferred safe-haven asset that investors flock to during a global economic crisis like the present one. With uncertainty around the COVID pandemic showing no signs of abatement and gold prices holding up strong, here are three compelling gold stocks you'll want to consider buying now for the long haul.

Franco-Nevada NYSE:FNV is not a gold mining company but is still one of the best gold stocks to buy, simply because its business structure gives you exposure to gold sans the risks involved with a gold mining stock. As a gold streaming and royalty company, Franco-Nevada buys the yellow metal from third-party miners at pre-determined percentages in exchange for funding them up front.

There are two major advantages of such an arrangement: Franco-Nevada doesn't have to bear costs and risks associated with the business of mining, and it gets to procure gold at rates much below spot prices. The last point, in particular, means Franco-Nevada can make a lot more money in a rising gold-price environment.

Of course, Franco-Nevada depends entirely on other miners for gold "production," but as long as the mines operate, it continues to receive "streams" of gold at a discount and sell them in the market to earn high margins.

When combined with its proven business model and operational and financial track record, it's a no-brainer gold stock to own. The stock has handily outperformed since, and I continue to remain bullish about this gold miner's prospects, thanks to its stupendous growth in recent years. With the acquisition of Detour Gold earlier this year, Kirkland expects to produce nearly 1.

Yet with gold prices soaring in recent weeks, the miner should be able to offset higher costs with rising production and prices to a large extent. With a mine life of 22 years, Detour Lake open pit mine should add substantial value to Kirkland in coming years. Kirkland is also among the few gold mining companies to boast a strong balance sheet -- declining debt and rising cash flows -- making it an intriguing gold stock to buy and hold.

SSR has three operating mines -- Marigold in Nevada and Seabee in Saskatchewan, both of which are gold mines acquired in and , respectively, and Puna in Argentina, which produces silver, lead, and zinc and started commercial production in Until , the company called itself Silver Standard, after which it renamed itself to reflect a rising contribution of gold in its precious metals commodity mix. But it's exactly a situation like this when liquidity a strong cash position with manageable debt can help a mining company ride out the storm.

Further, higher gold prices could hugely help SSR Mining preserve cash now, if not mint more, and I wouldn't be surprised if it puts the money to use on an acquisition in the near future to boost its production pipeline for coming decades. The prospects make SSR Mining a compelling gold stock to buy. Apr 20, at AM. Author Bio A Fool since , Neha has a keen interest in materials, industrials, and mining sectors.

Her favorite pastime: Digging into 10Qs and 10Ks to pull out important information about a company and its operations that an investor may otherwise not know. Other days, you may find her decoding the big moves in stocks that catch her eye. Check back at Fool. Follow nehamschamaria. Image source: Getty Images. Stock Advisor launched in February of Join Stock Advisor. Related Articles.

Many investors have gained exposure to the gold industry by buying stocks of companies engaged in the exploration and mining of the precious metal. Some of​. Markets are betting on gold prices will rise as bond rates hit rock bottom following weeks of monetary and fiscal intervention, but analysts warn investors to "take.

The company has nine underground mines , one open pit operation and a few surface sources in South Africa. Harmony Gold directly and indirectly employs more than 30 people in South Africa and around in Papua New Guinea. Harmony Gold had several difficult years from to , with the live online stocks chart showing that Harmony Gold share price fell from R to just R8.

Of all the precious metals , gold is the most popular as an investment.

The Fund seeks to achieve the performance of gold bullion less the expenses of the Fund. The Fund is designed as a cost effective way for investors to access the gold bullion market. Stocks: Real-time U.

3 Gold Stocks to Buy Right Now

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Here's Why Gold Stocks Soared Today

African Rand www. This is a classification of specific metals that are considered rare and have a higher economic value compared to other metals. There are five main precious metals openly traded on various exchanges, gold is the biggest market. Gold is sometimes referred to as monetary metals as it has historical uses as a currency and is seen as a store of value. The spot gold price refers to the price of gold for immediate delivery. Transactions for bullion coins are almost always priced using the spot price as a basis. The spot gold market is trading very close to 24 hours a day as there is almost always a location somewhere in the world that is actively taking orders for gold transactions. For the high and low values, we are showing the lowest bid and the highest ask of the day.

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Close 1, Because of its physical properties, it is resistant to air, moisture, heat and many solvents.

Gold Price Today

Investors in gold are among the few who possibly aren't feeling the pinch of the coronavirus market sell-off. Gold prices have surged in recent weeks, proving yet again that the yellow metal remains a preferred safe-haven asset that investors flock to during a global economic crisis like the present one. With uncertainty around the COVID pandemic showing no signs of abatement and gold prices holding up strong, here are three compelling gold stocks you'll want to consider buying now for the long haul. Franco-Nevada NYSE:FNV is not a gold mining company but is still one of the best gold stocks to buy, simply because its business structure gives you exposure to gold sans the risks involved with a gold mining stock. As a gold streaming and royalty company, Franco-Nevada buys the yellow metal from third-party miners at pre-determined percentages in exchange for funding them up front. There are two major advantages of such an arrangement: Franco-Nevada doesn't have to bear costs and risks associated with the business of mining, and it gets to procure gold at rates much below spot prices. The last point, in particular, means Franco-Nevada can make a lot more money in a rising gold-price environment. Of course, Franco-Nevada depends entirely on other miners for gold "production," but as long as the mines operate, it continues to receive "streams" of gold at a discount and sell them in the market to earn high margins. When combined with its proven business model and operational and financial track record, it's a no-brainer gold stock to own. The stock has handily outperformed since, and I continue to remain bullish about this gold miner's prospects, thanks to its stupendous growth in recent years.

Gold as an investment

Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the gold industry by buying stocks of companies engaged in the exploration and mining of the precious metal. The ETF has posted a total return of Here are the top 3 gold stocks with the best value, the fastest earnings growth, and the most momentum. Source: YCharts. These are the gold stocks with the highest year-over-year YOY earnings per share EPS growth for the most recent quarter. DRDGold Ltd.