Gold and Gold Miners ETFs – Ways to Invest in Gold

Gold and Gold Miners ETFs - Ways to Invest in Gold

Investors use Gold ETFs to track and reflect the price of gold. While the assets in the fund are gold derivative contracts that are backed by the commodity, the intent of buying Commodities ETFs (exchange-traded funds) is not for an investor to own the commodity. A gold ETF gives an investor an opportunity to gain exposure to the performance, or price movements, of gold.  You never actually own a gold bar, bullion, or coins. Gold ETFs consist of gold contracts and derivatives and can only be redeemed for cash, never gold itself.

# Gold ETFs

Gold’s role as an alternate currency and the world’s strongest commodity offers investors an attractive opportunity to diversify their portfolios. Individuals who do not want to own the actual commodity but want to diversify their income by trading on the precious metal should invest in ETFs. It provides ample opportunity to gain market exposure on the price as well as the performance of actual gold.

The following are the most updated gold ETFs:

Symbol ETF Name Avg Volume
GLDSPDR Gold Trust14,013,491
IAUiShares Gold Trust27,261,276
GLDMSPDR Gold MiniShares Trust2,664,902
SGOLAberdeen Standard Physical Gold Shares ETF2,916,568
BARGraniteShares Gold Trust560,095
AAAUPerth Mint Physical Gold ETF630,921
OUNZVan Eck Merk Gold Trust373,430
UGLProShares Ultra Gold293,009
DGLInvesco DB Gold Fund31,808
DBPInvesco DB Precious Metals Fund19,380
DGPDB Gold Double Long ETN58,014
GLLProShares UltraShort Gold122,383
IAUFiShares Gold Strategy ETF4,929
DZZDB Gold Double Short ETN20,532
DGZDB Gold Short ETN5,044


# Gold Miners ETFs

The GDX is an ETF that includes a basket of precious metal stocks. Although it includes some silver stocks, most of its holdings are gold companies. Gold mining stocks are usually market leaders when the price of gold is rising. These companies are actively involved in mining and other aspects of gold production.

Symbol ETF Name Avg Volume
GDXVanEck Vectors Gold Miners ETF29,051,180
GDXJVanEck Vectors Junior Gold Miners ETF9,488,299
NUGTDirexion Daily Gold Miners Bull 2X Shares3,731,917
JNUGDirexion Daily Junior Gold Miners Index Bull 2x Shares1,766,658
RINGiShares MSCI Global Gold Miners ETF224,168
SGDMSprott Gold Miners ETF61,214
DUSTDirexion Daily Gold Miners Bear 2X Shares8,244,971
GOAUUS Global GO GOLD and Precious Metal Miners ETF103,398
SGDJSprott Junior Gold Miners ETF34,997
JDSTDirexion Daily Junior Gold Miners Index Bear 2X Shares8,218,417
GOEXGlobal X Gold Explorers ETF27,937


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