Gold ETFs are surging on trade fears—but steer clear of this group, says Kevin O'Leary $GLD $GDX (via ETFEdgeCNBC)
, also outperformed. The VanEck fund, which tracks gold-mining stocks under the ticker GDX, reached its highest level in nearly three years on Monday, while the SPDR fund, ticker GLD, set a 52-week high.
But investors should take a hard look at their options in the gold market before blindly diving into one of these ETFs, Nadig said.
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