-
Investors turn to gold miners as metal outpaces inflation
The recent surge in the gold price is finally attracting money into funds that invest in gold miners after a period in which the market preferred physical gold and gold derivatives, said Reuters. The newswire said in a report on Monday that gold equity funds are set to attract their largest net monthly inflows in more than a year in March on the back of profit outlooks and boost cash flow. As a result, investors mostly shunned equity funds focused on gold miners, opting instead for traditional gold funds that offered a safe haven during the Russia-Ukraine war and escalating trade tariff concerns after Donald Trump ... (full story)