Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining.
Best gold companies to invest in australia.
You won t have direct exposure to the gold market but unsurprisingly gold miners stocks tend to be closely correlated to the gold price.
Gold has long been regarded as a safe haven in times of market turmoil.
If you want to buy stocks in companies with gold exposure there are dozens to choose from on the australian stock exchange.
The company is a globally diversified gold producer with eight operating mines in australia ghana peru and south africa.
A third way to invest is in companies that mine gold.
Top gold mining stocks.
Below are the five top australian gold companies by market cap.
Some of the most well known are included in the table below.
There are many benefits to buying gold stocks instead of the physical metal.
The main draw is that these companies offer the potential of leveraged upside to the price of gold.