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EQX is laser focused on gold and silver deposits, primarily across different. That's why it's important to keep your long-term goals in mind. ( EQX) Equinox has a market value of 1.5 billion and a share price hovering around 5 at present. Gold can be a great way to diversify and keep some stability amid inflation, but it may not help you see as high gains over time as some other investment options can.

Spot gold peaked just below 1,850 per troy ounce before easing off. That's why, while now may be a good time to invest, you may not want to put all your money into one type of investment - including gold. LONDON The price of gold notched a six-month high early Tuesday, and analysts believe the rally has further to go in 2023.

"I think having gold in your portfolio is a great protection against the increasing uncertain risks we are seeing," Leach says.Īs markets fluctuate, diversifying with a mix of asset classes - stocks, bonds, funds, commodities like gold and other alternative assets - can potentially help you maintain some stability overall even when some are more volatile than others.
