8 Best Gold Stocks to Buy and Add to Your Portfolio Now

As of April 2025, gold prices have surged to record highs, reaching $3,245.28 per ounce on April 11, 2025, amid escalating global trade tensions and investor demand for safe-haven assets. This rally has been fueled by factors such as U.S. tariff policies, central bank purchases, and geopolitical uncertainties.

Therefore, several gold mining companies have demonstrated strong performance, making them attractive options for investors seeking to capitalise on the bullish gold market. However, which are the best gold stocks to buy now?

Best Gold Stocks to Buy in 2025 (April Edition)

1) Newmont Corporation (NYSE: NEM)

Newmont is the world's largest gold producer, giving it unmatched scale and operational diversification. With assets in stable mining jurisdictions like the United States, Canada, and Australia, Newmont offers investors a relatively lower geopolitical risk profile. The company has also aggressively improved its ESG (Environmental, Social, and Governance) metrics, a growing priority for institutional investors.

In 2025, its robust balance sheet and steady production growth from major mines, such as Boddington and Peñasquito, support its attractive dividend yield and long-term potential.

2) Barrick Gold Corporation (NYSE: GOLD)

Barrick remains a gold sector heavyweight, well-regarded for its management discipline and cost-efficient operations. The company has aggressively paid down debt, expanded free cash flow, and returned capital to shareholders, making it a favourite among dividend-seeking investors.

In 2025, Barrick's focus on expanding operations in Nevada, with its strong presence in Latin America and Africa, positions it for long-term resource growth and earnings stability even if gold prices face short-term volatility.

3) Agnico Eagle Mines Limited (NYSE: AEM)

Agnico Eagle continues to stand out for its strong track record of consistent production and organic growth. The company benefits from low geopolitical risk by focusing on North America. In 2025, Agnico's merger with Kirkland Lake Gold will unlock synergies and consolidate its position as one of the highest-margin gold producers globally.

Its well-managed operations and ability to grow without relying on major acquisitions offer a strong case for investors looking for quality in the mid-cap gold space.

4) Franco-Nevada Corporation (NYSE: FNV)

Franco-Nevada is not a miner but a royalty and streaming company, which means it earns a portion of revenue from other mining firms' production. This business model shields it from operational risks and capital expenditures while providing leveraged exposure to gold price movements.

With over 400 assets in its portfolio and strong diversification, Franco-Nevada provides a more stable and lower-risk route to investing in gold. In 2025, its free cash flow generation remains exceptional, making it a defensive play in uncertain markets.

5) DRDGOLD Limited (NYSE: DRD)

DRDGOLD stands out due to its unique approach to gold recovery through surface tailings reprocessing in South Africa. This is more cost-effective and environmentally friendlier than traditional underground mining. With the world increasingly focused on ESG principles, DRDGOLD's approach has gained investor interest.

In 2025, the company's ability to maintain high margins, leverage renewable energy, and generate solid cash flows despite operating in a high-cost region makes it an appealing niche player in the gold sector.

6) Kinross Gold Corporation (NYSE: KGC)

Kinross has streamlined its operations over the past few years, focusing on low-cost assets in the Americas. The company has divested higher-risk international projects and focused on growth in Nevada, Brazil, and Chile.

In 2025, Kinross will benefit from this leaner, more focused operational model with rising production and stable cost controls. It offers high value for investors looking for gold exposure with a favourable risk-reward balance.

7) Harmony Gold Mining Company Limited (NYSE: HMY)

Harmony Gold is South Africa's largest gold producer and has expanded its footprint into Papua New Guinea. While operating in higher-risk jurisdictions, the company has boosted its gold reserves and production capabilities significantly.

In 2025, Harmony will benefit from high gold prices and improved operational efficiencies. It remains a higher-risk, higher-reward play for investors seeking exposure to global diversification and upside potential in emerging markets.

8) Alamos Gold Inc. (NYSE: AGI)

Alamos Gold is known for its consistent low-cost production and strong balance sheet. Its flagship mines in Canada and Mexico have supported steady performance. The company's development pipeline, particularly the expansion of its Island Gold project, is expected to be a significant growth driver.

In 2025, its focus on disciplined capital allocation and shareholder returns makes it one of the most attractive mid-cap gold stocks for growth-oriented investors.

Conclusion

In conclusion, the current gold market dynamics, characterised by record-high prices and heightened investor interest, present compelling opportunities for investors to consider adding high-performing gold stocks to their portfolios.

The companies highlighted above represent the best gold stocks to buy now, each with unique strengths and strategic initiatives. As always, conducting thorough research and considering your investment objectives is essential before making investing decisions.

Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.