Four reasons underperforming gold equities may be about to turn

Cooling late-cycle economy could rekindle gold interest


Joe Foster, portfolio manager and srategist at VanEck, looks at the factors that could see gold equities bounce back over the course of the year.

Joe Foster, portfolio manager and srategist at VanEck, looks at the factors that could see gold equities bounce back over the course of the year. Lack of investor interest and misguided cost concerns have been fuelling underperformance in gold equity for some time but perhaps the market is now reaching a turning point. Gold equities outperformed gold bullion in March, as the NYSE Arca Gold Miners index gained 2.9%, while the MVIS Global Junior Gold Miners index advanced 2.2%. We are starting to see some reversals in the factors, which have recently put investors off gold equities, ...

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