SLV - Amid Soaring Gold Silver Prices Bank of America Is Bullish On These 4 Promising Metal ETFs For Good Investment Returns | Benzinga
In the wake of surging gold and silver prices, Bank of America has highlighted four exchange-traded funds (ETFs) that offer attractive exposure to precious metals.
What Happened: The top-ranked ETFs by BoFA include abrdn Physical Silver Shares ETF (NYSE:SIVR), iShares Silver Trust (NYSE:SLV), Invesco DB Precious Metals Fund (NYSE:DBP), and abrdn Physical Precious Metals Basket Shares ETF (NYSE:GLTR), CNBC reported on Sunday. These ETFs, rated as “more attractive” by Bank of America, encapsulate a range of precious metals such as silver, gold, palladium, and platinum.
Bank of America’s research suggests that a portfolio with 40% exposure to broad commodities would have outpaced a similar portfolio with U.S. ...