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While the major market averages languished in November, precious metals soared. The trend is evident in the list of the month's best-performing open-end stock mutual funds.
Nine of the 10 top-performing open-end stock mutual funds -- as calculated by TheStreet.com Ratings from Oct. 31 to Nov. 28 -- focused on precious metals investments.
In November, the spot price of silver rose 4.6% to $10.30 an ounce, platinum climbed 7.1% to $881.50, and gold gained 12.9% to $818.05. And as the Philadelphia Gold & Silver Index climbed 25.58% that month, the 150% leveraged ProFunds Precious Metals UltraSector ProFund (PMPIX Quote) made the most of the bounce in prices. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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