A small talk on Gold in 2022

Hello Mooers, welcome back!

In today small talk, we will be discussing about the various gold stocks & ETFs.

Mooers who are interested in trading gold, can trade various gold concepts stocks in $Futu Holdings Ltd(FUTU.US)$ MooMoo.

One example of gold concepts is $Gold(BK2110.US)$ .

Inside the $Gold(BK2110.US)$ concept, it contains various gold stocks such as $International Tower Hill Mines(THM.US)$ , $Orla Mining(ORLA.US)$ and $Sibanye Stillwater(SBSW.US)$ . Their performance in the past 5 trading days (7 to 11 Feb 2022) shows that they are moving upwards.

Beside trading gold concepts stocks, Mooers can also invest in gold ETFs such as $Spdr Gold Minishares Trust(GLDM.US)$ and $Abrdn Gold ETF Trust(SGOL.US)$ .

Some Mooers who do not believe gold stocks is moving upwards can also trade in gold inverse ETF, such as $ProShares UltraShort Gold(GLL.US)$ .

In the picture below, I have pop $Spdr Gold Minishares Trust(GLDM.US)$ , $Abrdn Gold ETF Trust(SGOL.US)$ and $ProShares UltraShort Gold(GLL.US)$ into the $Futu Holdings Ltd(FUTU.US)$ MooMoo ‘stock compare’ feature, to give Mooers an overview of their price trends in the past 3 months and past 1 year. Notice that both $Spdr Gold Minishares Trust(GLDM.US)$ and $Abrdn Gold ETF Trust(SGOL.US)$ have very similar price trend, as their price trend overlap each other.

For more examples of ‘stock compare’ feature, simply click the links below!

Beside trading gold stocks and ETFs, Mooers are spolit for choice as they can also buy gold mutual funds (also known as unit trust) in $Futu Holdings Ltd(FUTU.US)$ MooMoo Money Plus section. Two examples of mutual funds that invest in gold stocks are: $BGF World Gold Fund(LU0055631609.MF)$ (USD) and $BGF World Gold Fund(LU0368265764.MF)$ (SGD).

Lastly, we can also trade gold stock options too! More information about trading stock options can be found in my post ‘Happy Lunar New Year 2022 and Huat to the Moon, or maybe Huat to the Mars too!’.

So, which one would you trade in H1 2022?