Here are four ETFs for precious-metal gains

Article Excerpt

Physical gold and silver have been stellar performers over the past two decades—including beating the S&P 500—and with gold hitting an all-time high in February 2025. Here we look at four ETFs that aim to benefit from the long-term positive trends in precious metals (see the supplement on page 40 for more information). SPROTT PHYSICAL GOLD AND SILVER TRUST $39.07 (Toronto symbol CEF; TSINetwork ETF Rating: Aggressive; Market cap: $7.8 billion) invests in physical gold and silver bullion held in the vaults of the Royal Canadian Mint. The current split between the gold and silver holdings is 69% gold and 31% silver. This Sprott fund is set up in the form of a trust. Each unit represents fractional ownership in the trust, the sole assets of which are gold and silver bullion. As the trust is set up as a closed-ended fund, it may trade at a premium or discount to the underlying value of the assets held by the fund. The average discount to the…