Q: Good day,
For exposure to gold, I'm looking at getting into an ETF or two. Would you suggest both a gold bullion ETF and a gold producers ETF or would they move in tandem and only one is needed?
Can you recommend some gold ETFs?
Thanks,
Robert
For exposure to gold, I'm looking at getting into an ETF or two. Would you suggest both a gold bullion ETF and a gold producers ETF or would they move in tandem and only one is needed?
Can you recommend some gold ETFs?
Thanks,
Robert
5i Research Answer:
We would be fine with adding a bit of both. They don't always move in unison, but are typically correlated and the miners have a bit more leverage to the price of gold on the up and downside. CGL and XGD are two options to consider.