Is this one of the best FTSE 100 stocks to buy right now?
Image source: Getty Images
Looking for lifeboats as financial markets sink? Here’s what I think might be one of the greatest FTSE 100 stocks to consider today.
A classic safe haven
While stock markets threaten to crash, gold prices continue to go from strength to strength. Retail demand for the yellow metal is at levels not seen since the Covid-19 crisis. And today, prices reached fresh peaks above $3,500 per ounce.
Astonishingly, gold has posted daily gains of $100 or more in three of the last eight days. This has pulled the share prices of precious metal producers like Fresnillo (LSE:FRES) through the roof.
This particular FTSE 100 miner has just burst through £10 per share for the first time since…