Advertisement
Canada markets close in 2 hours 9 minutes
  • S&P/TSX

    21,976.40
    +91.02 (+0.42%)
     
  • S&P 500

    5,112.88
    +64.46 (+1.28%)
     
  • DOW

    38,316.16
    +230.36 (+0.60%)
     
  • CAD/USD

    0.7316
    -0.0007 (-0.10%)
     
  • CRUDE OIL

    83.83
    +0.26 (+0.31%)
     
  • Bitcoin CAD

    87,442.48
    -829.03 (-0.94%)
     
  • CMC Crypto 200

    1,330.35
    -66.19 (-4.74%)
     
  • GOLD FUTURES

    2,348.70
    +6.20 (+0.26%)
     
  • RUSSELL 2000

    2,004.58
    +23.47 (+1.18%)
     
  • 10-Yr Bond

    4.6730
    -0.0330 (-0.70%)
     
  • NASDAQ

    15,968.81
    +357.05 (+2.29%)
     
  • VOLATILITY

    15.06
    -0.31 (-2.02%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     

RBC Suggests These 5 Gold Stocks as Hedge against Volatility

RBC Suggests These 5 Gold Stocks as Hedge against Volatility

RBC Capital Markets has made a case for owning gold and gold stocks (GDX) to hedge against market volatility. The firm mentions, “Gold has emerged as a short-term hedge against this volatility and we recommend investors add gold exposure especially with the equity valuations at multi-year lows. We maintain our flat $1,300 per ounce gold and $17.50 per ounce silver assumptions while marking to market for the first quarter of 2018.”