BELGF - The Best-Performing Gold And Silver Miners YTD: July 2020
Gold is trading above $1,800/oz and within striking distance of its all-time high at $1,920 set back in September 2011. The metal is benefiting from not only accelerating momentum but overall positive fundamentals, including strong demand for physical and tighter mining output this year. The global economic disruptions caused by the COVID-19 pandemic have forced policymakers to take aggressive stimulus and quantitative easing measures, which, in turn, has supported the sentiment towards gold as a store of value.
(Source: Finviz)
The dynamic for silver is a bit different. While the metal price is now trading