The Best ASX Gold Stocks
to buy Now In
October 2025

Check out our Industry Experts’ report and
analysis on the Best Gold Stocks right now on the ASX

The Best ASX Gold Stocks to buy Now In October 2025

Check out our Industry Experts’ report and analysis on the Best Gold Stocks right now on the ASX

What Are ASX Gold Stocks?

ASX gold stocks refer to shares of companies that are listed on the Australian Stock Exchange and primarily engaged in the extraction, production, and exploration of gold. These stocks encompass a wide range of companies, from well-established, large-scale miners to smaller exploration firms aiming to uncover new reserves. Typically, these companies’ stock prices are influenced by fluctuations in the global price of gold.

Gold mining stocks allow investors to gain exposure to the precious metal’s market without physically owning gold bullion. Some of the key ASX-listed gold companies include Newcrest Mining (ASX: NCM), Northern Star Resources (ASX: NST), and Evolution Mining (ASX: EVN), all of which have significant mining operations within Australia and overseas.

Investing in ASX gold stocks provides investors with the potential to profit from both gold price movements and the growth of these mining companies. However, stock prices can be volatile due to market conditions, exploration results, and geopolitical factors, so a thorough understanding of these stocks is essential for potential investors.

Why Invest In ASX Gold Stocks?

There are several reasons why investors seeking exposure to gold might consider investing in ASX gold stocks.

Gold has long been viewed as a hedge against inflation. When the cost of living rises, currency value tends to weaken. Gold, however, retains its purchasing power and can even appreciate in times of economic uncertainty. Investors often turn to gold as a safe-haven asset during periods of rising inflation, as it serves as a store of value, especially when other asset classes, such as equities, underperform. As inflation continues to rise globally, gold’s role as a protective asset becomes even more crucial, making ASX gold stocks a strategic investment choice.

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How To Choose The Right ASX Gold Shares To Buy?

Choosing the right ASX gold stocks requires a careful evaluation of several factors to ensure you're investing in companies with strong growth potential and stable operations. Here’s what to consider when selecting gold stocks for your portfolio.

It’s essential to assess the financial health of a company. Look at key financial indicators such as cash flow, profit margins, debt levels, and revenue growth. A company with strong financials is better positioned to weather market fluctuations and continue its operations effectively.

3 Best ASX Gold Stocks To Buy Now In 2025


Evolution Mining Limited (ASX: EVN)

Evolution Mining (ASX: EVN) is one of Australia’s most efficient gold producers, with a well-established portfolio of low-cost, high-margin assets. The company operates several key gold mines, including Cowal in New South Wales and Red Lake in Canada.


Northern Star Resources Limited (ASX: NST)

Northern Star Resources (ASX: NST) is one of Australia’s top gold producers, known for its efficient and high-quality operations. The company has a diverse range of gold mining assets, including the Kalgoorlie Super Pit in Western Australia.


Newmont Corporation (ASX:NEM)

Newmont Corporation is one of the largest and most recognised gold mining companies in the world, with a strong presence in Australia following its acquisition of Newcrest Mining...

3 Best ASX Gold Stocks To Buy Now In 2025

Ramelius Resources (ASX: RMS)

Ramelius Resources (ASX: RMS) is a well-established mid-tier gold producer based in Western Australia. The company has built a strong reputation through consistent production and strategic acquisitions. Key assets include the Mount Magnet and Edna May operations, along with several other mining sites across the state.

Ramelius has a clear strategy focused on extending mine life, increasing production, and maintaining low costs, making it an attractive option for investors seeking exposure to gold. Over the years, the company has demonstrated strong financial discipline, often funding its projects through internal cash flows rather than relying heavily on debt. With ongoing exploration programs identifying new resources, Ramelius is positioning itself for long-term growth.

The company’s commitment to sustainable and responsible mining practices further enhances its appeal to investors who value environmental and social governance (ESG) factors. Given its combination of operational success, strong management, and future growth potential, Ramelius Resources remains a compelling gold stock to watch in the Australian market.

Capricorn Metals (ASX: CMM)

Capricorn Metals (ASX: CMM) has rapidly established itself as a leading emerging gold producer in Australia. The company's flagship Karlawinda Gold Project, located in Western Australia's Pilbara region, is a low-cost, long-life operation delivering strong production results since its first gold pour.

Capricorn focuses on simplicity and efficiency in its operations, resulting in attractive margins and a robust financial profile. One standout aspect of Capricorn is its low debt levels and healthy cash generation, making it less vulnerable to market fluctuations compared to more leveraged miners.

Additionally, Capricorn is actively exploring opportunities to expand its resource base, with ongoing exploration and development activities aimed at enhancing shareholder value. Management’s disciplined approach and commitment to operational excellence have positioned the company as a significant player in Australia’s gold sector. For investors seeking a growth-focused gold stock with a strong foundation, Capricorn Metals presents an exciting opportunity.

Newmont Corporation (ASX:NEM)

Newmont Corporation is one of the largest and most recognised gold mining companies in the world, with a strong presence in Australia following its acquisition of Newcrest Mining. As a global leader, Newmont offers investors stability, scale, and significant operational diversity across multiple continents.

The company’s Australian operations are among its most valuable assets, including high-profile mines such as Cadia, Telfer, and Tanami. Newmont places strong emphasis on sustainability, innovation, and responsible mining, consistently ranking highly in ESG performance ratings.

Financially, Newmont boasts a solid balance sheet, strong cash flows, and a commitment to returning value to shareholders through dividends and share buybacks. Its size and diversified portfolio help insulate the company from regional risks and price volatility, making it a popular choice for conservative investors seeking exposure to gold. With its combination of global scale, local strength, and a focus on long-term value creation, Newmont remains a cornerstone stock within the gold investment space.

How To Invest In Gold Stocks In Australia?

Investing in gold stocks on the ASX is straightforward. First, you’ll need to open an account with an Australian brokerage, such as CommSec, SelfWealth, or CMC Markets. Once you’ve chosen your brokerage, you can start researching and selecting gold stocks to add to your portfolio. Most brokers offer access to detailed financial data, stock charts, and news updates to help guide your investment decisions.

After selecting your stocks, you can place a buy order through your brokerage account. You’ll need to decide whether to place a market order (buying at the current price) or a limit order (buying at a specific price). It’s essential to monitor your investments regularly and stay updated on market conditions that could affect gold prices.

Is It a Good Time to Invest in ASX Gold Stocks?

Given the current economic climate and the forecast for rising gold prices, September 2025 presents a strong opportunity to invest in ASX gold stocks. Economic uncertainty, inflation concerns, and geopolitical instability continue to drive demand for gold as a safe-haven asset. This is likely to provide tailwinds for gold mining companies, especially those with strong financials, low production costs, and large gold reserves.

However, investors should be mindful of the volatility inherent in the gold market and ensure they are well-diversified to manage potential risks. By focusing on financially sound companies with solid production profiles, investors can mitigate risk while benefiting from gold’s upward price movement.

FAQs on Investing in Gold Stocks

ASX gold ETFs (Exchange-Traded Funds) allow investors to buy shares in a fund that holds physical gold or gold mining stocks. They are an easy way to gain exposure to gold without owning physical gold or individual gold stocks.

Our Analysis on ASX Gold Stocks

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