DRDGOLD Limited Sponsored ADR Aktie News

You don't need much to understand the incentive for gold stocks to buy. Just open a newspaper (or a news app for the modern audience).

Few assets in the world of investing have maintained the appeal and stability of gold. Due to the potential for significant returns and stability in the face of looming economic uncertainty, gold stocks are becoming increasingly popular among investors.

With the Federal Reserve aggressively targeting inflation via elevating the benchmark interest rate, gold stocks to buy represented a questionable venture to say the least. Gold typically does well under rising prices as an inflation hedge.

DRDGOLD Ltd (NYSE:DRD, JSE:DRD, OTC:DRDGF) CEO Niël Pretorius spoke with Proactive's Stephen Gunnion to shed light on the company's financial performance in the first half, which saw a 12% revenue increase and the declaration of an interim dividend for the 17th consecutive year. This interview not only explores DRDGOLD's recent financial achievements but also delves into its forward-looking inv...

DRDGOLD Limited (DRD) Q2 2024 Earnings Call Transcript

Just like a fresh musical act that stormed up the charts, the curse of the sophomore effort clouds the hottest stocks to watch in 2024, if we're being perfectly honest. After dodging the recession bullet last year, the Wall Street gods might not grant us good tidings over the next 365 days.

DRDGOLD Limited stock is re-assigned a Buy rating, with retail investors well positioned to benefit from the expected recovery in the price of gold. The correlation between the gold price and DRD's share price is positive, and DRD shareholders will be happy again as sentiment towards gold is on its way to turning strongly. The Company offers retail investors the opportunity to benefit from the ...

With geopolitical tensions tragically becoming the new standard, this framework opens the door for gold stocks to buy. Thanks to the underlying asset's reputation as a universal store of wealth, gold offers a hedge against inflation and uncertainty.