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Gold Stocks To Watch Today - August 24th

Robinhood Markets logo with Finance background

Key Points

  • Robinhood Markets, CocaCola, and Barrick Mining are highlighted as key gold stocks to watch due to their high trading volumes recently.
  • Investing in gold stocks allows for exposure to gold prices alongside company-specific risks, while providing potential dividends and capital appreciation.
  • Barrick Gold is a leading gold and copper producer and notably merged with Randgold Resources in 2019, enhancing its market presence.
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Robinhood Markets, CocaCola, and Barrick Mining are the three Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of publicly traded companies whose primary business involves the exploration, extraction, refinement or sale of gold. Investing in these stocks offers exposure to gold prices plus company-specific risks such as operational costs, management decisions and geopolitical factors. As equity instruments, they can provide dividends and potential capital appreciation distinct from holding physical gold. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

Read Our Latest Research Report on HOOD

CocaCola (KO)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

Read Our Latest Research Report on KO

Barrick Mining (B)

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.   In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.

Read Our Latest Research Report on B

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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