How to Invest in Gold Stocks

Why Gold Still Matters — Even in the Age of Crypto and AI

Gold has been valuable for thousands of years. Unlike paper money, it can’t be printed. Unlike tech stocks, it doesn’t crash on bad earnings. And unlike crypto, it doesn’t disappear in a bear market.

In 2025, gold is proving once again why it's the ultimate safe haven. The price of gold has skyrocketed—blowing past $3,400 per ounce and hitting new all-time highs—as investors around the world look for something solid to protect their wealth.

Between inflation, rising interest rates, geopolitical tension, and massive government debt, gold is back in demand. And while owning physical gold is one option, buying gold stocks—companies that mine or explore for gold—is one of the most powerful ways to invest in the metal’s long-term upside.

Let’s break down what gold stocks are, why they matter, and which companies to watch in 2025.

What Are Gold Stocks?

Gold stocks are shares of companies involved in the gold industry—usually through mining, exploration, or royalty deals. When the price of gold goes up, these companies often benefit even more than the metal itself.

Why? Because their profits are tied to the difference between the cost of mining and the market price of gold. So when gold prices soar, their margins explode—and so can their stock prices.

There are three main types of gold stocks:

• Producers – Companies already mining and selling gold

• Developers – Companies building mines or preparing to produce gold

• Explorers – Companies looking for new gold deposits
  

Each type carries different risk and reward, which is why many investors build a mix in their portfolio.

6 Gold Stocks to Watch in 2025

Below are six gold stocks to consider—ranging from large global producers to early-stage explorers with big upside.

AngloGold Ashanti (NYSE: AU)

AngloGold Ashanti is one of the largest gold producers in the world, with mines across Africa, South America, and Australia. In 2023, the company moved its headquarters to the U.S. and started trading on the NYSE to attract more North American investors. It produces over 2.4 million ounces of gold per year and is focused on cutting costs, boosting efficiency, and expanding high-quality projects. For beginners looking for a more established and diversified gold company, AngloGold is a strong pick.

K92 Mining (TSX: KNT | OTCQX: KNTNF)

K92 Mining is a fast-growing Canadian company operating the Kainantu gold mine in Papua New Guinea. What makes K92 stand out is its extremely high gold grades and low production costs. The company is already profitable and is expanding both its mining capacity and exploration efforts. K92 combines solid operations with big exploration upside—making it a favorite among investors who want growth without taking on early-stage risk.

Augusta Gold (TSX: G | OTCQX: AUGG)

Augusta Gold is focused on developing its Bullfrog gold project in Nevada—one of the best gold mining regions in the U.S. It’s backed by the Augusta Group, a team with a strong track record of building mining companies that eventually get bought out. While Augusta isn’t producing gold yet, it’s getting close, with key studies and permits moving forward. For investors who want U.S.-based gold exposure with takeover potential, Augusta is one to watch.

Artemis Gold (TSXV: ARTG | OTCQX: ARGTF)

Artemis Gold is developing one of the biggest gold projects in Canada: the Blackwater Project in British Columbia. The mine is already permitted, construction is underway, and first production is expected by the end of 2025. The project is massive—over 10 million ounces of gold—and has strong community and government support. As it transitions into a producer, Artemis could see a major revaluation in the market. It’s a great option for investors who want a near-term production story in a stable jurisdiction.

Equinox Gold (TSX: EQX | NYSEAMERICAN: EQX)

Equinox Gold is a mid-sized gold producer with multiple mines across the U.S., Mexico, and Brazil. It’s aiming to become a million-ounce-per-year gold producer, with several projects in development to hit that goal. Equinox has faced growing pains in recent years but has been cleaning up its balance sheet and streamlining operations. For those looking for a multi-asset company with scale and production growth potential, Equinox is a compelling choice.

Axcap Ventures (CSE: AXCP)

Axcap Ventures is a junior exploration company focused on finding new gold deposits in North America. While it doesn’t produce gold yet, the company is exploring in historically productive regions and has strong early-stage potential. Axcap has also seen significant insider buying—a sign that management is confident in what they’re building. For investors comfortable with risk and looking for the next potential discovery, Axcap offers speculative upside tied to rising gold prices.

Final Thoughts: Should You Buy Gold Stocks in 2025?

Gold is having a moment—and this time, it’s not just about inflation. Central banks are loading up. Governments are printing money. Global uncertainty is high. And investors everywhere are looking for real assets.

Gold stocks offer a powerful way to gain exposure—not just to the metal itself, but to the companies that mine it, find it, and profit from its rise. Whether you’re looking for stability in producers like AngloGold or growth in developers like Artemis and Augusta, or high-upside bets like Axcap Ventures, there’s something in this sector for every kind of investor.

Just make sure to do your research, understand the risks, and think long term. Because when gold runs, gold stocks usually run harder.