Gold Is Shining, But This ETF Really Glitters
Through nearly four months, it's clear gold is one this year's star assets. Just look at the largest ETF backed by physical holdings of the yellow metal.
Gold Miners Can Be Shiny Portfolio Additions
Gold easily ranks among 2025's best-performing asset classes. Entering Tuesday, the largest bullion-backed ETF was sporting a 10.2% YTD gain.
Gold ETFs Have Multiple Tailwinds
Likely helped by President Trump's tariff initiatives, gold and related ETFs are on torrid paces to start 2025. Spot bullion and many of the ETFs are notching a series of record highs.
Tariffs Tumult Has Gold Glittering
Over the weekend, President Trump announced plans to implement tariffs against Canada and Mexico. Those two countries are the biggest trading partners of the U.S. Those headlines had the predictable impact of pressuring equities, while boosting safe havens such as the dollar and gold.
More Highs Could Be in Store for This Hot Gold ETF
Gold is one of 2024's best-performing assets. The largest ETFs offering exposure to physical gold and shares of miners are outpacing the S&P 500 by wide margins on a year-to-date basis.
GDMN: A Strategic Blend Of Gold Futures And Gold Miners
The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund offers leveraged exposure to the price of gold and the returns of gold miners, making it WisdomTree's top-performing ETF so far in 2024, as gold and mining equities have rallied. A weaker U.S. dollar, falling bond yields and rising central bank purchases are driving gold prices higher, benefiting gold miners, which often act as an accentuated play on the metal's price action. With operational costs for gold miners set to decrease and margins expected to expand, investors may find GDMN a compelling option for capturing both gold's appreciation and miners' improving profitability.
How Election Results Could Affect Gold ETFs
With some favorable economic data and intensifying speculation that the Federal Reserve will cut interest rates in September, gold prices rose last Friday.
