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SPDR Gold Shares offer investors an innovative, relatively cost efficient and secure way to access the gold market. SPDR Gold Shares are intended to offer investors a means of participating in the gold bullion market without the necessity of taking physical delivery of gold, and to buy and sell that interest through the trading of a security on a regulated stock exchange. The launch of SPDR Gold Shares was intended to lower many of the barriers, such as access, custody, and transaction costs, that had prevented some investors from investing in gold.

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SPDR Gold Shares represent fractional, undivided beneficial ownership interests in the Trust, the sole assets of which are gold bullion, and, from time to time, cash. SPDR Gold Shares are intended to lower a large number of the barriers preventing investors from using gold as an asset allocation and trading tool. These barriers have included the logistics of buying, storing and insuring gold. In addition, certain pension funds and mutual funds do not or cannot hold physical commodities, such as gold, or the derivatives.

According to a report by S&P Global, the sentiments for gold investment have risen over the past few months due to higher inflation and increasing geopolitical risks surrounding the Russian invasion of Ukraine. Since early March 2022, gold price has hit a 19-month high of around $2,039/oz and has stabilized around $1,900/oz. In most major economies, inflation has reached multi-decade highs and central banks are struggling to set it to the target range of 2%-3%, further fueling the demand for the precious commodity.

In October, as inflation appeared to be peaking and the market started growth numbers again, the price of gold fell 2% to US$1,639/oz due to the rising dollar strength. Latest research shows that the global gold mining market will grow from $214.1 billion in 2021 to $249.6 billion by 2026, at a compound annual growth rate of 3.1% for the period of 2021-2026. Some of the top stocks in the gold market that elite investors are using to profit off this gold boom include Newmont Corporation (NYSE:NEM), Barrick Gold Corporation (NYSE:GOLD), and Franco-Nevada Corporation (NYSE:FNV).

The companies that operate in the gold sector and are best positioned to offer investors some solidity amid rising recession fears were selected for the list. The business fundamentals and analyst ratings for these firms are also discussed to provide readers with some additional context for their investment choices. An extensive database of around 900 elite hedge funds tracked by Insider Monkey in the third quarter of 2022 was used to quantify the hedge fund sentiment around each stock.

AngloGold Ashanti Limited (NYSE:AU) operates as a gold mining company in Africa, the Americas, and Australia. AngloGold Ashanti revealed that it is targeting a 30% reduction to its scope 1 and 2 greenhouse gas emissions by 2030. The company is committed to achieving net zero emissions by 2050 through a combination of renewable energy projects, fleet electrification and lower-emission power sources.

Just like Newmont Corporation (NYSE:NEM), Barrick Gold Corporation (NYSE:GOLD), and Franco-Nevada Corporation (NYSE:FNV), AngloGold Ashanti Limited (NYSE:AU) is one of the best gold stocks to buy for recession according to elite investors.

B2Gold Corp. (NYSE:BTG) operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. On November 2, B2Gold Corp and AngloGold Ashanti, a limited global gold mining company, said that they will put their $925 million Gramalote gold project in Colombia up for sale before the end of the year.

On November 23, Stifel analyst Ingrid Rico maintained a Buy rating on B2Gold Corp. (NYSE:BTG) stock and lowered the price target to C$7 from C$7.25, highlighting the third-quarter results and maintaining the near-term and longer-term gold and silver price estimates.

Among the hedge funds being tracked by Insider Monkey, Dallas-based investment firm Condire Investment is a leading shareholder in Sibanye Stillwater Limited (NYSE:SBSW) with 6 million shares worth more than $56.3 million.

On October 17, Barclays analyst Matthew Murphy maintained an Equal Weight rating on Royal Gold, Inc. (NASDAQ:RGLD) stock and lowered the price target to $108 from $110, noting that the gold equities are preferred over base metal equities as global growth slows.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm First Eagle Investment Management is a leading shareholder in Royal Gold, Inc. (NASDAQ:RGLD) with 3.3 million shares worth more than $312.9 million.

In addition to Newmont Corporation (NYSE:NEM), Barrick Gold Corporation (NYSE:GOLD), and Franco-Nevada Corporation (NYSE:FNV), Wheaton Precious Metals Corp. (NYSE:WPM) is one of the best gold stocks to buy for recession according to elite investors.

In times of inflation, stock market uncertainty and concern in the banking sector like we're experiencing now, many investors turn to gold to support their holdings. These issues and other risk indicators may have you taking a second look at your portfolio and thinking about new ways to invest your money.

You can own gold in traditional gold IRA, Roth gold IRA or a Simplified Employee Pension (SEP) gold IRA that are tax-advantaged and structured like their standard counterparts. However, the IRS mandates that your precious metal is stored through an IRS-approved custodian who can arrange for your gold to be stored in a depository.

Gold IRA investments are typically available through precious metal companies that assist you in opening your self-directed IRA account. The company also helps you select a custodian who purchases gold on your behalf. Goldco, Birch Gold Group and Augusta Precious Metals are a few gold IRA companies commonly used by investors.

You can invest in physical gold in several ways, including purchasing through an online dealer or at a local dealer or pawn shop. Monitor the price of gold, so you're not at a negotiating disadvantage. Keep in mind, you may pay a lower premium if you buy gold in large amounts because there's less processing than with coins.

Gold exchange-traded funds (ETFs) are a convenient option to get in on the gold action without having to store large bars securely. You can purchase shares in an ETF that owns gold in a physical vault, but you can execute that ETF trade from a computer or device anywhere with an internet connection.

You can buy gold ETFs through a brick-and-mortar or online brokerage. As such, you can easily exchange your gold for cash, making the investment highly liquid. Two of the most popular ETFs in the United States are SPDR Gold Shares ETF (GLD) and iShares Gold Trust ETF (IAU). Learn more now or use the table below to explore your gold-buying options.

Like ETFs, gold mutual funds offer you access to a piece of the gold market with a fund that invests in the precious metal or owns shares in companies producing gold. Gold mutual funds may be more affordable and diverse than individual stocks. Another benefit is that you don't have to research the gold mining companies you invest in; the fund's manager will do that for you.

Like gold ETFs, gold mutual funds are available through a brokerage. Before investing, review the fund's overall performance, yearly returns and asset allocation. Investing in gold mutual funds may be more cost-effective than owning physical gold bars or coins.

Many investors opt to invest in gold mining companies, especially when gold prices are rising. You may profit both when gold prices rise and if the mining company increases production. Be aware, however, that not all mining companies are managed well, and poor-performing enterprises could impact your share price.

Futures are contracts you can trade with other speculators seeking to profit by betting they will reach a specific price by a specific settlement date. Exercise caution with gold futures because you can lose more money than you put into your initial investment. Depending on how the contract is structured, you could actually owe money on the contract. Many investment experts recommend gold futures only for more experienced traders.

You can buy gold futures contracts on the New York Mercantile Exchange through a full-service broker that offers futures trading. You'll fund your account and trade gold futures through your account in the same way you trade stocks through your brokerage. Contracts are typically for 100 troy ounces quoted in U.S. dollars per ounce.

Investing in gold may not make sense for everyone, depending on your unique financial situation. Each type of gold investment comes with a set of pros and cons you should fully understand before investing. But with so many different types of gold investments, you may find an option that suits your needs and helps to diversify your portfolio.

Gold stocks hold a valuable place in asset allocation for investors, especially in times of high inflation and economic uncertainty. Investing in gold can be tricky, but one of the best investments to gain exposure to gold is through the S&P Gold Shares ETF (GLD).

Over the past month, several gold mining stocks have soared as the stock market recovered and as a global recession looked more and more likely. GLD has also gained after hitting a 52-week low on Nov. 3.

In fact, according to MarketSmith, it is now trading above its 50-day moving average but below its 200-day moving averages. It is trying to form a base, although there is no buy point yet. GLD investors may want to wait to see whether the stock can form a base before adding more shares to their investment portfolio. Also, it would be bullish if GLD tops resistance around 167.

Investors flocked to gold also as an escape from the stock market correction. But they were turned away by an aggressive Fed and expectations that if there's a recession it will likely be mild. The strength of the U.S. dollar also turned investors away from gold. Two things have happened since then: The U.S. dollar has weakened, and threats of a global recession have increased. Both could favor GLD. 041b061a72