abrdn Physical Precious Metals Basket Shares ETF

Sturdy central bank gold buying since 2009 and a rising gold price has grown the precious metal’s share of global international reserves to the detriment of fiat currencies.

Related tickers: DBP, GLTR, JJPFF, GLD, IAU, BAR, SGOL, OUNZ, GLDI, IAUF, GLDM, AAAU, BGLD, IGLD, IAUM, PHYS.

In the wake of surging gold and silver prices, Bank of America has highlighted four exchange-traded funds (ETFs) that offer attractive exposure to precious metals. What Happened: The top-ranked ETFs by BoFA include abrdn Physical Silver Shares ETF (NYSE:SIVR), iShares Silver Trust (NYSE:SLV), Invesco DB Precious Metals Fund (NYSE:DBP), and abrdn Physical Precious Metals Basket Shares ETF (NYSE:GLTR), CNBC reported on Sunday. These ETFs, rated as “more attractive” by Bank of America, encapsulate a range of precious metals such as silver, gold, palladium, and platinum. Bank of America’s research suggests that a portfolio with 40% exposure to broad commodities would have outpaced a similar portfolio with U.S. ...Full story available on Benzinga.com

Related tickers: DBP, SLV, NEM, GLTR, SIVR.