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Hot Stocks: The 3 Best Opportunities for Investing in Gold
EGOEldorado Gold(EGO) InvestorPlace·2024-03-18 19:15

Gold and other commodities are perfect investment options for investors looking to diversify their portfolios. Gold futures are still at near all-time highs of roughly 2,100/oz.Withinflationbecominglessofamajorissueanda stronglikelihoodthatinterestratecuts willoccurinthecomingmonths,thepriceofgoldwillcontinuetoclimb.The VanEckGoldMinersETF(NYSEARCA:GDX),amajorinvestmentvehiclecomprisedofvariousgold−producingcompanieswithover2,100/oz. With inflation becoming less of a major issue and a strong likelihood that interest rate cuts will occur in the coming months, the price of gold will continue to climb.The VanEck Gold Miners ETF (NYSEARCA:GDX), a major investment vehicle comprised of various gold-producing companies with over 12 billion in assets under management, ...