3 Reasons Gold Might Be a Buy

Whether you're considering an investment in gold directly -- such as through the ETF, SPDR Gold Trust (NYSEMKT: GLD  ) -- or through a mining company uch as Newmont Mining (NYSE: NEM  ) or Kinross Gold (NYSE: KGC  ) , there are a few reasons to consider the yellow metal despite the obvious turbulence that it has experienced of late. The commodity got more bad news with the Federal Reserve hinting last week that quantitative easing may be slowing, leaving investors concerned. While miners have significantly lagged, Newmont offers a dividend yield of 4.7% and Kinross a dividend yield of 3.2% to tide you over if you see a recovery on the horizon.

In the following video, contributor Doug Ehrman discusses three potential catalysts that could take gold higher from here and what to look for before investing.

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  • Report this Comment On June 29, 2013, at 4:47 PM, Peter405 wrote:

    The word " might " in the title does not convey a lot of conviction..... I'd rather hedge at this point by nibbling at massively beaten down stocks via mutual funds like BGEIX or FSAGX

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Related Tickers

9/28/2016 4:00 PM
GLD $126.22 Down -0.40 -0.32%
SPDR Gold Trust CAPS Rating: **
KGC $4.31 Up +0.09 +2.13%
Kinross Gold CAPS Rating: **
NEM $39.21 Up +0.73 +1.90%
Newmont Mining CAPS Rating: ***