IAUF - Gold And Precious Metals Mining Equities - Regaining Their Luster In 2019
By John Corcoran, Senior Client Portfolio Manager
The changing dynamics in the market and economy have fared well for gold and precious metals.
Gold and precious metals mining equities - as represented by the Philadelphia Gold and Silver Index ((XAU)) - are performing solidly in 2019, having climbed 36.5% year-to-date through August 9. Changes in the macroeconomic environment and overall market volatility have made both bullion and precious metals mining securities more attractive to investors. Those investors seeking a non-correlated asset class that may provide differentiated return characteristics in today's volatile markets might want to