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Gold mining funds outperform ETFs in 2009

Posted on 29 December 2009

From Israelidiamond.co.il: Gold prices were often in the news this year due to its upward movements. However, investors who wanted to piggyback on the firm trend should have chosen global gold funds rather than the gold ETFs.

Funds that invest in gold mining stocks (which underperformed gold ETFs in 2008) staged a sharp recovery in 2009. The rebound in world equity markets and safe-haven buying in gold led by dollar’s value depreciation fuelled the run-ups in gold stocks……………………………………Full Article: Source


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VRS - who has written 37062 posts on Opalesque Commodities Briefing.


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