The 7 Best Gold Stocks to Buy for Portfolio Diversification

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Gold is typically a safe haven investment that offers stability during challenging economic conditions. The asset typically has a low correlation with the stock, bond, and crypto markets, so it’s prudent to invest in the best gold stocks now.

2022 was an incredibly tough year for financial markets. The S&P 500 dipped 19.4%, while the crypto market and 30-Year U.S. Treasury Bond futures shed 64% and 21.6% of their values in 2022. Conversely, the growth in the gold futures contract remained flat. These results reinforce my earlier point about the low correlation of yellow metals with capital markets. Having said that, the markets are still remarkably volatile, pushing the need for investments in safe-haven assets, including these best of the best gold stocks.

Newmont Corporation
Kinross Gold
Barrick Gold
Agnico Eagle Mines
Gold Fields
Compania de Minas Buenaventura