You are here

The rush for gold ETFs

Beyond the widely traded SPDR Gold Shares, there are a clutch of other gold exchange-traded funds for the paranoid

BUILDING A GOLDMINE: Gold is up almost 6 per cent this year, compared with a 6 per cent loss for the S&P 500-stock index. This is a major turnaround from the past two years, when gold ETFs were down 34 per cent, and US$33 billion flowed out of those funds.

YOU can learn a lot about an investor from whether they invest in gold, and how they do it.

As people pile into gold exchange-traded funds (ETFs) at the fastest rate in more than a year, it's clear that the precious metal's appeal as the ultimate safe haven now extends well beyond the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to