30 hot stocks from commodity space on the ASX

 


The S&P Goldman Sachs Commodity Index (GSCI) has been on a trajectory of growth since the start of the year 2021. As per trading on a contract for difference tracking the benchmark market for this commodity, the index has gained as much as 30.86% or 610.10 points.

Commodity prices have been rallying, with the prices of crude oil, precious metals, and base metals on fire since the beginning of 2021. However, increasing number of new infections caused by the Delta variant of coronavirus is likely to cap the commodity price gains. 

Good Read: APAC markets a mixed bag; commodity price swings in focus

10 hottest ASX-listed gold space players

Source: © Theohudayanto | Megapixl.com

In the precious metals space, the prices of gold continue to follow an upward trajectory, recently trading near their one-month high at US$1,808 per ounce. The trend is attributed to the growing demand for yellow metal amid increasing uncertainty, owing to rising cases of the new variant of coronavirus.

Must Read: Top ten fully franked gold stocks with high dividend yield

In that backdrop, let’s have a look at 10 ASX-listed gold stocks that have delivered substantial returns in the past one year.

Lefroy Exploration Limited (ASX:LEX) is an Australia-based gold exploration company with its flagship Lefroy gold project in Kalgoorlie. The company is targeting multi-million-ounce gold discoveries in Western Australia.

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