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Newmont Corporation (NYSE: NEM), Barrick Gold Corp.
(NYSE: GOLD), and Kirkland Lake Gold (NYSE: KL) represent the most-cited names in investment-grade gold mining equities, a sector that held up during the COVID-19 crisis while broad markets retreated.
Gold stocks track physical gold prices — which historically rise when economic uncertainty peaks — and can function as a portfolio hedge against other sector exposures.
The Three Companies at the Top of the Sector Newmont Corporation, headquartered in Greenwood Village, Colorado, is the world's largest gold mining stock.
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