Profit from the rally with mining stocks

gold mine

By buying mining stocks, investors can indirectly benefit from rising gold prices.

(Photo: E+/Getty Images)

Frankfurt There is no shortage of optimistic forecasts for the price of gold: more than $2,000 a troy ounce, even up to $5,000 are conceivable. In the past two months, the price for the 31.1 grams has already risen by 17 percent, and at $1,913 on Friday it was as expensive as it was eight months ago.

Time to take a closer look at a silent winner of this development: the prices of the gold mine shares shot up rapidly and rather unnoticed by broader investor circles.

The FTSE Gold Mines Index gained 46 percent. The Handelsblatt therefore presents promising funds for mining stocks.

The protagonists of the industry assume an uncertain world with war, hardly controllable inflation, a foreseeable recession shock and negative real interest rates. More and more investors are likely to keep precious metals in their portfolios as a hedge against losses on other investments – and hope for gains in value.

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