This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Best-Rated ETFs Buy Gold, Currencies

TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.

Four of the 10 top-rated exchange traded funds invest in gold and other precious metals. Another three bet against the U.S. dollar by taking stakes in foreign currencies.

The list, which excludes fixed-income ETFs, is based on performance data as of May 31. Last month, gold rallied 10% to $979 an ounce while the U.S. Dollar Index retreated 6.2% against major currencies such as the euro, Japanese yen, British pound and Canadian dollar.

TheStreet.com Ratings

Inflation fears and weakness in the U.S. dollar stoked demand for gold in May, pushing prices higher. The situation reversed in June with gold prices pulling back as the dollar strengthens. Russian Finance Minister Alexei Kudrin said at Saturday's G8 meeting that he expects the dollar to gain more value.

This provides investors with an opportunity to take advantage of potential dips in the SPDR Gold Trust (GLD) or its smaller rival, the iShares COMEX Gold Trust (IAU).

These gold bullion-hoarding ETFs earned our top rating of A-plus as did the PowerShares DB Gold Fund (DGL) and PowerShares DB Precious Metals Fund (DBP).

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
BZF $15.29 0.00%
DBP $37.25 0.00%
DGL $39.70 0.00%
GLD $115.60 0.00%
IAU $11.64 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs