We have looked at how to trade gold, why to gold is attractive and common strategies we can use to trade gold in our previous post on gold but for some traders they prefer to have someone recommend good investments for them rather than analyzing the market themselves here are some recommendations.
Best Dividend Recommended Stocks
Royal Gold Inc
This stock is listed in the NASDAQ stock exchange. The company is involved in the acquisition of precious metal streams, royalties, and similar interests. Their Price to earning ratio currently sits at 55 and have a good dividend yield of 1.11%. You can hold this investment for a sizable earning on dividend and return of 10% plus within a year period.
 |
| Royal Gold Inc details at a flash |
This is a south African gold exploration company.IT makes this list because of its relative low price that allows investors to buy more volume and earn more from dividend yield. The rate of return will be higher than buying the same number of shares of another stocks. The highest price so far this year has was $6 and lowest was around $3. This shows the level of volatility the investment have.Nevertheless, this investment has one of the highest dividend yield of 3.2% being 0.11 of $3.45. with that yield you earn a sizable return of 30%-100% per year on your investment should the price reach 6$ again this year. it is a good investment for those with small, moderate and large capital.
 |
| DRD GOLD ltd |
This is a mining company with gold mines located all around the world whose proven reserves amounts to about 82 million ounces. This is a good investment for those with moderate capital and large capital and technical analysis shows it may rebound and pick up soon.
 |
| Newmont Mining |
Renowned and Safe ETFs
This is a physically backed gold ETF so it is not like the conventional ETF that is just tracking an index. There are one of the largest gold backed ETFs in the world Currently priced at $121 on NASDAQ. it has been hovering around that price for the last 3 years so it is a quite stable investment to invest in should you want to buy and sell short term or hold in times of crisis.
 |
| SPDR Gold Shares ETF |
BOTTOM LINE
Every investor wants a diversified portfolio to carter for risk. Having a dividend producing or ETF backed asset just makes it better. Do well to subscribe to get mail updates mailed to you.
Up coming post Technical analysis for gold (XAUUSD) for those of you who prefer to trade gold on a forex broker platform.
Posts
No comments:
Post a Comment