Gold ETFs have become a popular way to trade gold because they remove the need to buy and store bullion.
ETFs that invest in gold and miner stocks include SPDR Gold Shares, iShares Gold Trust (NYSEArca: IAU), Market Vectors Gold Miners (NYSEArca: GDX) and Market Vectors Junior Gold Miners (NYSEArca: GDXJ), according to the article.
“If you’re looking for an inflation hedge, a safe haven, and you’re looking for a short-term protection, look at the ETFs backed by the physical metal,” said Morningstar analyst Abraham Bailin.
SPDR Gold Shares
Full disclosure: Tom Lydon’s clients own GLD.