Gold Is Up Again in 2026 and After Reviewing Every Way to Access the Metal, These 3 ETFs Cover the Trade at Three Different Risk Levels

Gold has gained about 4% year to date and roughly 37% over 12 months despite a 5% pullback in the last month. GLD provides physical bullion exposure with institutional liquidity and tight bid-ask spreads, while GLDM holds the same bullion at a lower ongoing cost. GDX shifts exposure to gold miners, adding operational leverage and equity risk. The rally is supported by elevated Core PCE and headline CPI, a 10-year Treasury yield near 4.6%, a softer dollar outlook, and continued central bank gold purchases.

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