Published on 6 Nov 2021 on Insider Monkey via Yahoo Finance

10 Best Gold Stocks with Dividends

In this article, we will be taking a look at the 10 best gold stocks with dividends. To skip our detailed analysis of dividend investing, you can go directly to see the 5 Best Gold Stocks with Dividends.

Gold, with its average daily trading volume of $183 billion as of this September, is among the most popular financial assets available to investors. According to CNBC, gold was only worth about $460 an ounce in 2000. Comparatively, its value as recorded in August 2021 was $1,815 an ounce, showcasing an immense increase in price. As such, gold stocks can offer investors gains and profits, much like strong dividend stocks like Medtronic plc (NYSE:MDT), McDonald's Corporation (NYSE:MCD), Johnson & Johnson (NYSE:JNJ), and AT&T Inc. (NYSE:T).

Come the COVID-19 pandemic, gold did take a noticeable hit. However, the future for the asset seems not so bleak, as mentioned by Reuters in their analysis on gold and its outlook. Using their web-based valuation tool, QaurumSM, Reuters analyzed hypothetical scenarios on the basis of Oxford Economic research. It was ascertained that while gold and investment in gold will not be risk-free entirely, in the coming time period, there do still exist opportunities in the gold trade, particularly an upside potential for gold in FY 2021.