Tap precious-metal gains with these ETFs

Article Excerpt

Most precious-metal stocks dropped along with the market in March 2020. They then quickly reversed that trend to soar for investors, in part because of gold’s appeal as a “safe harbour” in times of economic uncertainty. In fact, in August 2020, gold jumped to over $2,000 U.S. an ounce for the first time ever. Gold stocks also jumped. Gold prices then drifted down to about $1,800 as pandemic fears eased. Shortly after, they spiked to over $1,991 in March 2022 on Russia’s invasion of Ukraine. Gold dropped again, to as low as $1,622 in late 2022, before eventually soaring to a new record of $2,974 in February 2025. That high reflects global political volatility plus continued market expectations that the overall trend in interest rates is downward. Both of those lower the appeal of the U.S. dollar and increase the attractiveness of gold, which is now at $2,929. Going forward, we think top-quality gold and silver stocks remain buys. That’s due in part…