Lipper data released late Thursday shows precious metals funds were down for the week ending December 16 by about 1.3%. However, the fund group is up 39.1% for 2010 and 42.2% for the past 12 months thanks to rising metals prices.
The top performer is ProShares Ultra Silver (AGQ), which has risen nearly 150% since Jan.1. ETFS Physical Silver Shares (SIVR) is up 71%, while the Dynamic Gold & Precious Metals (DWGOX) has improved 65%.
The Market Vectors Junior Gold Miners (JGDXJ) is up 58% year to date.
Gold ETFs & Funds
The ETFS Physical Gold Shares (SGOL) ETF has moved up 24.7%, as has the SPDR Gold Shares ETF (GLD).
As for mutual funds, the Tocqueville Gold Fund (TGLDX) has moved up 50.8% and has about $2.5 billion in assets. The Midas Fund (MIDSX) is up 40.6%.