3 Gold Stocks to Buy Right Now
After gold's historic run in 2020 -- one that saw its price surpass $2,000 per ounce in August -- the price of gold has steadily declined since the start of 2021. In January, the average price of the yellow metal was $1,867 per ounce; however, the average prices have since tumbled to $1,808 and $1,718 in February and March, respectively.
While the declining price of gold may suggest to some investors that it would be best to eschew the precious metal, smart investors recognize the opposite sentiment may be the more savvy one: The declining price of gold presents a great opportunity for long-term investors, who recognize that gold will likely rebound. With this approach in mind, let's dig into some of the most compelling opportunities for gold investment at the moment: Newmont (NYSE: NEM), Pretium Resources (NYSE: PVG), and Royal Gold (NASDAQ: RGLD).
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Source Fool.com
