ETFs, spot gold offer best exposure to gold
ETFs are simple instruments, while spot gold allows investors to react quickly to price changes, say analysts and traders
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ANALYSTS and traders recommend buying spot gold and gold-backed exchange-traded funds (ETFs) to ride the current gold fever, but are divided on the merits of stocks of mining companies.
Although the values of listed gold miners tend to correlate positively to gold prices, there are other corporate-related factors - such as the company's cash flows, mining capabilities and sites available - to consider.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result