U.S. Markets open in 8 hrs 15 mins
  • Gold

    1,768.40
    -9.80 (-0.55%)
     
  • Silver

    23.03
    +0.46 (+2.05%)
     
  • EUR/USD

    1.1696
    -0.0034 (-0.2924%)
     
  • 10-Yr Bond

    1.3360
    +0.0120 (+0.91%)
     
  • Vix

    20.87
    -3.49 (-14.33%)
     
  • GBP/USD

    1.3619
    -0.0045 (-0.3282%)
     
  • USD/JPY

    109.7800
    +0.5600 (+0.5127%)
     
  • BTC-USD

    44,228.51
    +1,924.47 (+4.55%)
     
  • CMC Crypto 200

    1,089.55
    +49.07 (+4.72%)
     
  • FTSE 100

    7,083.37
    +102.39 (+1.47%)
     
  • Nikkei 225

    29,639.40
    -200.31 (-0.67%)
     

20 Precious Metals ETFs to Diversify Portfolios

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

This article was originally published on ETFTrends.com.

Precious metals like gold can provide investors with the uncorrelated diversification of their investment capital via the convenience, transparency and liquidity of an exchange-traded fund (ETF).

Amid first-quarter earnings thus far, gold has taken a back seat with the precious metal falling below its previous $1,300 price level. However, analysts at Goldman Sachs remain steadfast that gold could recover and head upward prior to the end of 2019.

“Gold has always been primarily a hedge against tail-risk events and the current low-volatility environment reduces investment appetite for gold,” Goldman said. “Despite a significant drop in long-term real rates, gold prices have remained flat YTD (year-to-date) as recession fears have receded since late last year.

“However, we believe gold prices have likely undershot fundamental value. Recent increases in the Shanghai gold premium signals that Chinese are using lower prices as a buying opportunity.”

In addition to gold, investors can also look to palladium, which soared to record highs thus far in 2019. How does it compare to another precious metal like platinum?

“Palladium is also set to benefit more than platinum from tighter environmental restrictions in China,” Goldman Sachs said. “As such we reopen our long palladium-versus-short platinum trade recommendation.”

For investors looking to buy into precious metals, here are 20 precious metals ETFs to consider according to ETFdb.com as of April 26, 2019:

Symbol

ETF Name

Commodity

Total Assets ($MM)

YTD

Avg Volume

Previous Closing Price

1-Day Change

GLD

SPDR Gold Trust

Gold

$30,787.77

-0.56%

7,514,664

$120.57

0.08%

IAU

iShares Gold Trust

Gold

$12,258.77

-0.49%

13,892,106

$12.23

0.08%

SLV

iShares Silver Trust

Silver

$4,635.90

-3.58%

7,369,965

$14.00

0.00%

SGOL

Aberdeen Standard Physical Swiss Gold Shares ETF

Gold

$858.05

-0.44%

52,265

$123.13

0.13%

GLDM

SPDR Gold MiniShares Trust

Gold

$638.16

-0.55%

771,262

$12.75

0.08%

PPLT

Aberdeen Standard Platinum Shares ETF

Platinum

$581.16

11.43%

93,673

$83.84

0.26%

BAR

GraniteShares Gold Trust

Gold

$448.15

-0.37%

145,135

$12.74

0.08%

GLTR

Aberdeen Standard Physical Precious Metals Basket Shares ETF

Broad Precious Metals

$355.38

0.55%

27,976

$63.51

0.13%

SIVR

Aberdeen Standard Physical Silver Shares ETF

Silver

$320.47

-3.46%

87,532

$14.52

0.00%

PALL

Aberdeen Standard Physical Palladium Shares ETF

Palladium

$227.94

12.23%

44,927

$133.61

-0.25%

USLV

VelocityShares 3x Long Silver ETN

Silver

$223.21

-15.07%

205,840

$62.93

0.21%

AGQ

ProShares Ultra Silver

Silver

$171.97

-9.78%

153,541

$23.79

-0.13%

OUNZ

Van Eck Merk Gold Trust

Gold

$148.09

-0.52%

40,030

$12.52

0.08%

UGLD

VelocityShares 3x Long Gold ETN

Gold

$108.54

-4.63%

81,103

$90.99

0.25%

DBP

Invesco DB Precious Metals Fund

Broad Precious Metals

$107.35

-1.70%

28,914

$35.75

0.03%

AAAU

Perth Mint Physical Gold ETF

Gold

$105.42

-0.51%

18,962

$12.76

0.16%

DGL

Invesco DB Gold Fund

Gold

$101.88

-0.92%

33,427

$39.17

0.18%

DGP

DB Gold Double Long ETN

Gold

$82.50

-2.38%

22,694

$22.57

0.18%

UGL

ProShares Ultra Gold

Gold

$70.67

-3.18%

68,619

$36.22

0.22%

DSLV

VelocityShares 3x Inverse Silver ETN

Silver

$30.07

11.41%

73,806

$31.19

-0.06%

Leveraged Gold Plays

Traders seeking to take advantage gold via leveraged plays can look at the Direxion Daily Jr Gold Miners Bull 3X ETF (JNUG) and Direxion Daily Gold Miners Bull 3X ETF (NUGT).

From a technical analyst perspective though, one notable traders are watching is gold’s ability to hover around the $1,275 price range, which represents a key Fibonacci retracement level. The recent move under $1,275 could certainly test gold prices with more downward pressure.

For more market trends, visit ETF Trends.

POPULAR ARTICLES AND RESOURCES FROM ETFTRENDS.COM

READ MORE AT ETFTRENDS.COM >