ETFs, spot gold offer best exposure to gold
ETFs are simple instruments, while spot gold allows investors to react quickly to price changes, say analysts and traders
Singapore
ANALYSTS and traders recommend buying spot gold and gold-backed exchange-traded funds (ETFs) to ride the current gold fever, but are divided on the merits of stocks of mining companies.
Although the values of listed gold miners tend to correlate positively to gold prices, there are other corporate-related factors - such as the company's cash flows, mining capabilities and sites available - to consider.
ETFs, on the other hand, are simple to use. A…
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