3 Gold Stocks to Buy Right Now
Smashing through the $2,000 threshold last week, the skyrocketing price of gold will certainly be another addition to the complicated chapter of history that is the year 2020. Besides the historically high unemployment rate, sporadic spikes of COVID-19 cases nationwide and fears that a second wave in Europe is imminent have investors turning to the yellow metal as a hedge against an economic downturn.
While the tide lifting the price of gold is high, many investors are holding on to the idea that it's bound to climb even higher, leading them to search for gold-oriented stocks that will add some sheen to their portfolios. Fortunately for them, there are some great gold stocks available to them this month, including Eldorado Gold (NYSE: EGO), Pretium Resources (NYSE: PVG), and Royal Gold (NASDAQ: RGLD).
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Source Fool.com
