Sprott Gold Miners ETF

SGDM

Market cap $619M

Gold doesn't appear to be losing its luster. The the precious metal hit another record high today by crossing the $4,000 per ounce price mark.

The 2025 gold rush is in effect as the price of bullion climbs to new heights and capital flows quickly into gold-focused exchange-traded funds (ETFs).

Sprott Gold Miners ETF is up 126% YTD and 453% over 10 years, outperforming gold itself. SGDM's rules-based index emphasizes large gold miners with strong revenue growth, free cash flow yield, and low debt. Despite high momentum and technical strength, SGDM remains risky; limit orders are advised due to mixed liquidity.

Gold surges 41% YTD and hits records as Fed cuts rates, dollar displays weakness and ETF inflows fuel demand, bringing GLD, IAU, SGDM and more into the spotlight.

Sprott Gold Miners ETF hit a 52-week high after surging 121% from its low, fueled by safe-haven demand and Fed rate cuts.

The Federal Reserve's recent rate cut of 25 basis points could amplify gold's current rally. Prices have already broken through the $3,700 price mark, and another record high could hinge upon how aggressive rate cuts will be in the coming months.

What a year it's been for gold investing! As we approach the end of the third quarter, gold prices are up nearly 40% year-to-date, triggering upward forecast revisions by big firms, and attracting investor dollars on its way up.

The prospect of interest rate cuts this month and through the rest of the year is elevating prices for gold, but silver is also benefiting. The precious/industrial metal crossed the $40 price mark in the first week of September, which it hasn't done since 2011.

As acceptance for nuclear energy usage becomes more widespread globally, the infrastructure in which it operates is also evolving. The United States, for example, is looking towards smaller, more efficient reactors that require higher uranium enrichment.

Tariffs continue to be a wild card. Anxiety gripped the markets on Tuesday, pushing the price of gold past the $3,500 mark en route to a new all-time high.