Investing in precious metal mining stocks is an extremely popular endeavour. And while some industries are more volatile than others, like lithium miners, gold investors finally have something to cheer about.
After years of underperformance, gold has finally broken out to the upside and is regaining its swagger as a stable metal.
The S&P/TSX Global Gold Index has outperformed the TSX Index in 3 of the last 4 years. The driver of this is no doubt the global pandemic followed by large-scale inflation. However, that is what many hold gold and gold stocks for in the first place, uncertainty and high inflation.
Considering gold makes up a ton of Canadian stocks on the TSX, it’s essential for the Index that they succeed.
What are the top Canadian gold stocks to buy right now?
Agnico Eagle Mines (TSE:AEM)
Agnico Eagle Mines (TSE:AEM) is a Canadian-based gold mining company that operates in multiple locations worldwide. Founded in…
