2 Essential Gold Dividend ETFs to Buy Immediately

Gold Price Surge: Gold prices have doubled in the past two years as global central banks reduce dollar dependency and increase gold purchases, leading to a significant rise in gold-related ETFs like NEOS Gold High Income ETF and Sprott Gold Miners ETF.

Investment Strategies: Investors are encouraged to understand different wealth-building strategies, particularly focusing on gold dividend ETFs, which provide both income and a hedge against inflation and currency depreciation.

NEOS Gold High Income ETF: This actively managed ETF aims for high monthly income through a combination of gold exposure and covered call options, offering a forward annual yield of around 13% with a 0.78% expense ratio.

Sprott Gold Miners ETF Performance: SGDM has seen a remarkable 119.84% increase year-to-date, primarily investing in gold mining companies, and while it offers a lower yield of 0.47%, its performance significantly outpaces broader market indices.