3 Reasons Gold Might Be a Buy
Whether you're considering an investment in gold directly -- such as through the ETF, SPDR Gold Trust -- or through a mining company uch as Newmont Mining or Kinross Gold , 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, Fool.com 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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The article 3 Reasons Gold Might Be a Buy originally appeared on Fool.com.
Fool contributor Doug Ehrman and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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