The 19 Best Gold Stocks to Invest Right Now

Plan for 2022 and Protect Against Inflation

The worst of the pandemic-driven recession seems to be behind us and while gold is a safe way to grow your portfolio during tough times, we now have the threat of inflation.  Gold and gold stocks offer protection from the effects of inflation so, during 2022, allocating a portion of your capital to this sector could be the smartest move you make this year.

This story will give you bite-sized nuggets of intel on some of my favorite gold stocks for 2022. I can't predict the future, but I can look at the expert forecasts, data available, and average increases and decreases of the stocks over time so use this story as a small part of your strategy and do your own research.

#1

Barrick Gold (NYSE: GOLD)

Barrick Gold is the second-largest gold mining company in the world, with deep roots in the copper mining industry. A promising place to start. Although the Canadian firm experienced some trouble in the last 3 or 4 years, it's since experienced steady growth.

Franco-Nevada (NYSE: FNV)

Franco-Nevada is another Canadian corporation, but it has a less tumultuous past than Barrick Gold. Although the company focuses on gold, it also has investments in oil and other natural resources. In 2013, Franco-Nevada experienced its most significant drop in earnings per share, but even this was only a drop of 35 cents.

#2

Agnico Eagle Mines (NYSE: AEM)

Despite its industry, Angnico hasn't been immune to the effects of COVID-19; in March and April 2020, it experienced some drastic fluctuations. 2020 saw it's price triple to $90 but since then the price has retreated, trending down to around $50. While there has been volatility, I'd say this is a smart investment that could see a decent payoff at the end of the year. Of course, do your own research first!

#3

Royal Gold (NYSE: RGLD)

One of the top five companies in the gold sector is Royal Gold, a Colorado-based firm that deserves its regal name. The Royal Gold stock price is one of the highest on this list, and its gold, silver, copper, lead, and zinc mines span 20 countries. The stock's current price is hovering around the $100 mark, making it a substantial investment.

#4

Newmont Mining Corp. (NYSE: NEM)

Another Colorado company, Newmont Mining Corp is set for an upward trend over the next 12 months. Since the start of the year, its stock price has increased by $14, indicating its strong potential. Further growth seems likely.

#5

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