🚨Gold prices are soaring. Have you updated your investment portfolio? 🚨
With the increasing uncertainty of the global economy, the price of gold has soared to a historic high. $Gold (LIST2110.US)$ had soared 19% last month. In this volatile market, is your investment portfolio ready?
Several common financial products for investing in gold include:
1· Physical Gold ( $XAU/USD (XAUUSD.CFD)$ )
2· Gold ETF(GDX $VanEck Gold Miners Equity ETF (GDX.US)$, $VanEck Junior Gold Miners ETF (GDXJ.US)$ )
3· Gold Options
4· Gold Futures
5· Gold Mining Stocks ( $Newmont (NEM.US)$ , $Agnico Eagle (AEM.US)$ , $Barrick Gold (GOLD.US)$ )
2· Gold ETF(GDX $VanEck Gold Miners Equity ETF (GDX.US)$, $VanEck Junior Gold Miners ETF (GDXJ.US)$ )
3· Gold Options
4· Gold Futures
5· Gold Mining Stocks ( $Newmont (NEM.US)$ , $Agnico Eagle (AEM.US)$ , $Barrick Gold (GOLD.US)$ )
Among them, it is worth noting that gold mining stocks provide a unique way to invest in gold, which usually has a leverage effect on the gold price. When the gold price rises, the profitability of gold mining companies increases, 🔥 which may lead to a significant increase in stock prices. 📈 However, the performance of gold mining stocks is not always synchronized with the gold price, which may be due to factors such as changes in production costs, company-specific issues, or market sentiment.
For more detailed info, interested friends can read this article. It is from moomoo official and analyzed $Newmont (NEM.US)$ and $Barrick Gold (GOLD.US)$ in detail. And if you have questions about investing in gold, u can leave a message to @Invest With Cici . She is an official teacher at moomoo. I learned a lot from her~~
CLICK → A guide to gold mining stocks
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Stock_Drift : $Austin Gold (AUST.US)$ is my long term hold for gold.
Invest With Cici : Great sharing! Welcome more friends to follow cici, your buddy to invest and learn on moomoo. And join our official learning group! Search "learn premium" to join and get more valuable info~
XanderRM : gold etf option
Wacho-el-Wero Stock_Drift : Is looking like is about to pay