28.01.2021

VanEck Switzerland AG

Gold Investing: New Year, Same Risks Drive Gold / Emerging Markets Equity Vaccines and Growth Drive 2021 Recovery

Gold Support Holds In December

The Thanksgiving holiday attempt by short speculators to drive gold prices below the technically important $1,800 per ounce level failed, as gold rebounded to $1,815/oz on 1 December and gained $121.41 (6.8%) to end the month at $1,898.36/oz. Gold stocks also had strong moves with gains of 4.57% for the NYSE Gold Miners Index (GDMNTR)and 10.76% for the MVIS Global Junior Miners Index (MVGDXJTR)2.
READ THE FULL BLOG HERE
 

Emerging Markets Equity

During the fourth quarter, our base case for emerging markets (EM) was the following: we saw favorable economics, questionable politics and an exciting digital disruption theme that swept across emerging markets countries around the world.
READ THE FULL BLOG HERE

1NYSE Arca Gold Miners Index (GDMNTR) is a modified market capitalization-weighted index comprised of publicly traded companies involved primarily in the mining for gold.
2MVIS Global Junior Gold Miners Index (MVGDXJTR) is a rules-based, modified market capitalization-weighted, float-adjusted index comprised of a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.

News