Buy gold or gold miners? You don’t have to dig deep to hit paydirt. If you want to bet on gold in coming weeks and months, you may want to favor gold-mining shares over gold bullion. AFP/GETTY IMAGE Gold bullion — physical gold GC00 — has outperformed gold-mining company shares over the past three years by one of the largest margins in decades. Gold recently hit a new all-time high above $2,200 an ounce, while the PHLX Gold/Silver Index XAU is below where it stood three years ago — as you can see in the chart below. This is good news for gold-mining shares, since historically they have performed well following periods in which they have significantly lagged bullion. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold ETFs Wane Despite Highs: A Glimmer of Hope on the Horizon? READ MORE BRICS Nations' Gold Rush: Safeguarding Economies Against US Recession Fears READ MORE Hoenig Cautions Against Expecting Three Rate Cuts Amid Economic Resilience READ MORE Egypt's Bold Move: $1 Billion in Treasury Bills Launched READ MORE Fed Rate Cut Hopes Dampened by Persistent Inflation and Strong Job Growth READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
