Gold Still Has Long-Term Appeal | Metals Mine

  • Gold Still Has Long-Term Appeal

    From etftrends.com

    For some novice investors, gold can be a frustrating asset. There are examples of it not living up to its reputation as a hedging asset over shorter holding periods. For example, the largest gold-backed ETF finished slightly lower in 2022, when inflation surged and stocks and bonds tumbled. Looked at another way, while ownership of physical gold doesn’t include the benefit of dividend or interest payments, bullion does have credibility as long-term asset. That status could increase the allure of ETFs such as the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). The actively managed GDMN, which ... (full story)

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