One thing to be aware of is that gold miners tend to experience an amplification of any gold price movements.
Best gold companies to invest in australia.
Below are the five top australian gold companies by market cap.
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.
You won t have direct exposure to the gold market but unsurprisingly gold miners stocks tend to be closely correlated to the gold price.
Some of the most well known are included in the table below.
Top gold mining stocks.
All market cap and share price information was obtained on september 10 2018 from tradingview.
If you want to buy stocks in companies with gold exposure there are dozens to choose from on the australian stock exchange.
Gold has long been regarded as a safe haven in times of market turmoil.
In 2019 the company produced 68 4 tonnes of the metal a slight increase.