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The forgotten ASX gold stock that UBS is urging you to buy today – Motley Fool Australia

ASX gold stocks are under pressure lately, but this could be a good time to buy this often-overlooked miner, according to a leading broker.

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ASX gold stocks are under pressure lately, but this could be a good time to buy this often-overlooked miner, according to a leading broker.
Never mind that our listed gold producers just can’t seem to catch a break. No one wants to buy them during a risk-on session when the S&P/ASX 200 Index (Index:^AXJO) is running higher.
But investors have also been reluctant to buy gold when risk aversion comes back to the fore as the favoured safe-haven asset at the moment is the US dollar. There’s an…

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