2 gold ETFs to buy now

Gold has regained investor attention, roaring to new record highs as the market offers several investment opportunities through products such as exchange-traded funds (ETFs).

Indeed, gold has rallied toward a peak above $4,400, mainly driven by persistent inflation risks, elevated geopolitical uncertainty, and shifting expectations around interest rates. 

For investors seeking exposure to the metal, ETFs offer an efficient option, and below are two standout choices.

iShares Gold Trust (IAU)

One option that stands out for investors seeking direct exposure to gold prices is the iShares Gold Trust (IAU). 

The ETF is designed to closely track the spot price of physical gold, offering a straightforward way to gain exposure without the logistical challenges of owning and storing bullion. 

Its relatively low expense ratio compared with many peers makes it appealing for long-term holders, while its large asset base and high liquidity support efficient trading. 

As a result, the fund is often viewed as a core holding for investors looking to hedge against inflation, currency weakness, or broader market volatility. 

By press time, IAU was trading at $83.94, up 0.5% for the day, while year to date the fund has surged almost 70%.

VanEck Gold Miners (GDX)

For those willing to accept higher risk in exchange for potentially stronger upside, the VanEck Gold Miners (GDX) ETF offers a different angle. 

At the time of reporting, GDX was valued at $89.79, down 0.5% for the day, while year to date the ETF has surged over 160%. 

Rather than holding physical gold, the fund provides exposure to major gold mining companies. This structure means performance is influenced not only by gold prices but also by operational efficiency, production costs, and corporate earnings. 

Historically, mining stocks have tended to outperform the metal itself during sustained gold bull markets, as rising prices can significantly expand profit margins. 

However, this leverage cuts both ways, making the ETF more volatile during periods of price weakness.

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