Conclusion, Investment Implications, Strategy

The iShares MSCI Global Gold Miners ETF (RING) is rising above formidable overhead resistance at its 25.32 July 2023 benchmark high amid recent quarterly relative outperformance versus the S&P 500.  RING is also outperforming the iShares S&P GSCI Commodity-Indexed Trust (GSG) on a monthly, quarterly, and annual basis.  As long as these positive factors remain intact, this sets up a potential opportunity to buy RING and the gold-related assets they represent.  Charts and analysis to come.

Current Sector & Industry Group Ideas

Table 1 below is also accessible via the Sector & Industry Group Ideas rectangle at the top of the Research Center.

Click the table to  make it larger

This table also regularly appears in our weekly Keys To This Week: Sector & Industry Groups report published on Monday mornings.