REPORT • 2021
Top 3 ASX Gold Stocks to buy in 2022
Worries about out-of-control inflation are boosting gold’s allure. Amid a shift towards safe-haven assets driven by economic and policy uncertainties, gold prices have firmed up above $1850 an ounce, hitting 5-month highs earlier last week. Global inflation rates are hitting decade highs due to rising input prices and supply chain disruptions, putting pressure on major central banks to bring forward guidance on interest rate hikes.
Reduced stimulus and interest rate hikes tend to push government bond yields up, raising the opportunity cost of gold, which pays no interest. However, with current policies, rates are poised to stay low, inflation is going through the roof, and real yields are collapsing. The US has seen inflation rise to a three decade high of 6.2%. Data also show prints in China, Japan, the UK, and Germany climbing the fastest in decades, and there are now signs that’s sparking fresh physical demand for gold.
Akshay Bhaskar
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What’s inside this Report?
* Top 3 Gold Stocks that are setting the industry alight
* Companies with Tier-1 assets in Tier-1 jurisdictions
* Companies with potential to become one of the biggest Gold players, globally
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Production Growth
Production growth is critical to sustain earnings growth even during times of flat commodity pricing. With favourable prices such as now, sky's the limit.
Commodity Outlook
Factors influencing commodity prices now and in the future. Our research team dives deep into the supply and demand data.
Strong Balance Sheet
Balance sheets are anchors, and their worth has been proved during the pandemic. They provide the leverage that companies require to grow.
Economic Moat
A distinct advantage a company has over its competitors which allows it to protect its market share and profitability.
