This Gold Fund Is Red Hot But The Smart Money Is Already Selling
Forbes·2025-07-27 22:05
Gold ingotsgetty Today we’re going to talk about a unique gold fund that’s soared 69.4% so far this year—but despite that huge run, it’s still not a buy.That said, there is a route to a buy here that I think will surprise you.So what’s the name of this high-flyer? ASA Gold and Precious Metals Ltd. (ASA). It doesn’t exactly roll off the tongue, and the fund itself isn’t very well-known.The details: ASA has a bit more than $600 million in assets under management, making it small compared to most ETFs, CEFs’ m ...