In a recent article written by Matthew Johnston of Investopedia, he makes the case for a handful of gold mining ETFs investors can consider for the fourth quarter of 2021.
As Johnson explains, gold is commonly utilized by investors as a potential hedge against other market risks, like inflation and geopolitical unrest. There are many ways to gain exposure to this precious metal. Some investors invest in gold bullion directly or buy gold futures contracts. Others invest in exchange-traded funds (ETFs) that own gold mining company stocks.
The article goes on to highlight a number of gold mining ETFs, one of which is the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU). GOAU is focused on royalty and streaming companies, which serve as specialized financiers that provide upfront capital for producers.
You can find the full article on Investopedia.com.
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