PVG - 3 Gold Stocks to Buy in May
As unemployment continues to rise at unprecedented levels, investors are worried about how the economy will respond to the various social distancing measures that local and state leaders are implementing -- as well as those instituted by nations around the globe. It comes as little shock, therefore, that the price of gold has risen more than 8% year to date as investors seek the comfort of one of the most popular safe-haven investments.
With earnings season upon us, wild vicissitudes in the S&P 500 will surely continue as companies reveal the harmful impacts of the coronavirus on their businesses, and with them, the price of the yellow stuff will also likely rise. For those who are also seeking the comfort of gold, forget hoarding gold bars and consider stocks such as Alamos Gold (NYSE: AGI), Pretium Resources (NYSE: PVG), and Yamana Gold (NYSE: AUY).
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