These gold ETFs have more gains ahead

Article Excerpt

For many investors, gold represents a “safe harbour” in these turbulent times. That’s reflected in the sharp price jumps we continue to see—most notably in the wake of the Russian invasion of Ukraine. Meanwhile, we expect gold-loving markets in Asia and other emerging economies to rebound after the coronavirus. That should further spur gold purchases, taking gold stocks even higher. What’s more, if inflation keeps rising over the next few years as a result of the trillions of dollars that governments have spent to counter the impact of COVID-19, these stocks will attract new interest. We think gold and gold stocks have much more growth to offer savvy investors. The following ETFs let you tap that growth. (On page 49, our Supplement provides more information on precious metals). VANECK VECTORS GOLD MINERS ETF $38.18 (New York symbol GDX; TSINetwork ETF Rating: Aggressive; Market cap: $15.3 billion) invests in companies involved in the gold mining industry. Most of the assets of the fund are invested in companies…