ETF Managers Group (ETFMG) Director Stephen Gardner in CNBC Pro

These mining ETFs are soaring as gold’s rally powers ahead in January

The broad rally to start 2023 has included big gains for one of the world’s oldest investment tools and the companies that mine it.

The SPDR Gold Trust (GLD), which tracks gold prices, has a return of more than 5% in January, roughly matching the S&P 500. It’s also now up more than 16% over the past three months.

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