Search a ticker

Categories
Featured Gold Stocks Investing Stock Market Today Stocks to Watch

What Stocks To Invest In For Next Week? 2 Gold Stocks To Know

Are these the best gold stocks to invest in right now?

what stocks to invest in gold stocks

Gold stocks are a type of investment that involves investing in companies that mine or deal with gold. As such, gold stocks can provide investors with exposure to the precious metal without having to physically own it. Moreover, gold stocks usually take the form of mutual funds or exchange-traded funds (ETFs). These types of investments can be volatile, as they are sensitive to changes in the price of gold. When the price of gold goes up, gold stocks typically increase in value.

However, when the price of gold declines, gold stocks usually fall as well. Gold stocks can be an attractive investment for those looking for exposure to Gold, but it’s important to remember that they come with risk. Before investing in Gold stocks, be sure to research the companies thoroughly and do your due diligence. Gold stocks may not be suitable for all investors. Considering all of this, check out these top gold stocks in the stock market next week.

Gold Stocks To Invest In [Or Avoid] Now

1. Newmont Corporation (NEM Stock)

Leading off, Newmont Corporation (NEM) is one of the world’s leading gold producers. The company currently operates in numerous countries around the globe. Newmont is currently the largest gold producer in North America, and its New Akyem Mine in Ghana is one of the largest gold mines in the world. Newmont is also one of the largest producers of silver, as well as copper, lead, zinc, and other metals. Currently, NEM shareholders enjoy an annual dividend yield of 5.19%.

NEM Recent Stock News

Just this month, Newmont Corporation announced they will release their 3rd quarter 2022 financial and operations results Tuesday, November 1, 2022. In addition, the company is set to announce Q3 2022 earnings before the market opens.

NEM Stock Chart

Continuing on, Newmont stock has begun to rebound 2.72% in the last month of trading. Meanwhile, NEM stock closed Friday’s trading day up 3.01% at $42.37 a share.

Source: TD Ameritrade TOS

[Read More] 2 Weed Stocks To Watch Right Now

2. Royal Gold (RGLD Stock)

Next up, Royal Gold Inc. (RGLD) is a US-based company that engages in the acquisition, financing, and management of precious metal streams and royalties. As of September 30, 2022, Royal Gold owns an interest in 186 properties across five continents. This includes interests in 41 producing mines and 20 development-stage projects. As it stands today, RGLD has an annual dividend yield for shareholders of 1.47%.

RGLD Recent Stock News

Earlier this month, Royal Gold released an update on its third-quarter 2022 stream segment sales. Diving in, the company reported that it sold approximately 56,100 gold-equivalent ounces. Specifically, for the three months that ended September 30, 2022, this was made up of approximately 43,700 gold ounces, 614,100 silver ounces, and 1,200 tonnes of copper. What’s more, RGLD said its average realized gold prices for Q3 2022 were $1,757 per ounce.

RGLD Stock Chart

Aside from that, in the last month of trading action, shares of RGLD stock have recovered 8.05%. Moreover, as of Friday’s closing bell, RGLD stock closed up 4.06% at $95.30 a share.

Source: TD Ameritrade TOS

If you enjoyed this article and you’re interested in learning how to trade so you can have the best chance to profit consistently then you need to checkout this YouTube channel. CLICK HERE RIGHT NOW!!

By Jonathan Phillip

Jonathan Phillip is an up and coming financial contributor in the stock market today. He's found a strong niche in writing about true growth industries. His main focus for the last 5 years has been on the cannabis industry and marijuana stocks. He is one of the top contributors to cannabis media outlets like MarijuanaStocks.com. He also is head of social media management for StockMarket.com.

Since an early age, Jonathan has been an active member of the cannabis culture. Coming from Miami, Florida, he's been able to identify emerging trends in the space including the emergence of cannabis derivatives, vapes, e-liquids, wax, and more. His ability to identify emerging niches has afforded him the ability to source valuable information from top industry names.

Jonathan has also managed to build a strong social media presence for companies. He has worked with hundreds of public companies to develop a digital presence. As an active blogger and social media influencer, his focus is on lifestyle segments of the market. You can find Jonathan reporting on anything from industry conferences and investor events to corporate disclosures and cannabis market movers.

Since the early days of marijuana companies going public, Jonathan has made it a point to find information before the crowd. The main target of his writing is on undiscovered or under-researched companies that could hold true, lasting market potential. Through his research, Jonathan has managed to be one of the early writers to identify the opportunity of cannabis over other things like alcohol and he was one of the first reporters to cover the multi-billion dollar deals that materialized in 2017 and 2018. He has also covered the emergence of multi-state operators in the U.S. after Canada paved the way in late 2018 and 2019 for legalization in North America.

Jonathan is also an active member of the underground hip-hop scene. He has worked with some of the biggest names in the rap community while also gaining valuable insight from top producers and business moguls focused on moving brands forward. In his free time, Jonathan builds social communities and continues to hone his skills as a leading financial writer.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments