Yahoo Finance Video
Gold (GC=F) has become quite the hot commodity as the metal has gained back momentum from its October 2023 lows. Gold traders typically diverge into two categories: central banks purchasing gold and ETF investors selling gold. Which is the best way to handle precious metal trading during this period of uncertainty? abrdn Director of ETF Investment Strategy Robert Minter joins Yahoo Finance to discuss the best ways for investors to look at gold and figure out the best way to maximize their portfolios with the commodity. Minter elaborates on not just gold, but also silver (SI=F) and how to capitalize on both commodities: "So with gold at or near all-time highs and silver trading at a 50% discount to its all-time high, which occurred in 2011, I think silver is really interesting. About 50% of demand for silver comes from industrial activities, and so we like SIVR (SIVR), which is a silver ETF. We also like BCIM (BCIM), which is a Bloomberg Industrial Metals commodities index. It's purely passive. Has a large weight in copper, aluminum, zinc, nickel, lead, all of the things that drive both the energy transition and the industrial economy." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
