Group 1: Precious Metals Market Overview - The recent rally in gold experienced its first significant pullback, dropping below $4,000 per troy ounce after reaching a high of $4,350 [1] - Other precious metals like silver, platinum, and palladium indicated a potential pullback in gold after peaking on October 16th [1] - Geopolitical tensions, particularly in Ukraine and Gaza, continue to drive investors towards safe-haven assets like gold [2] Group 2: Investment Vehicles for Precious Metals - The iShares Gold Trust ETF (IAU) has nearly $62 billion in assets under management and a low expense ratio of 0.25%, making it a cost-effective option for gold exposure [5] - The Aberdeen Physical Precious Metals ETF (GLTR) holds a diverse range of metals and charges a 0.60% expense ratio, with $1.88 billion in assets under management [8] - Newmont Corp. is the largest gold miner globally, with a market cap of $86 billion and annual sales exceeding $18 billion, offering tax benefits compared to physical gold ownership [11] Group 3: Technical Analysis and Market Trends - IAU's price is approaching the 50-day simple moving average (SMA), which could present a buying opportunity if the price continues to decline [7] - GLTR shares have also shown support at the 50-day SMA, and the recent rally has triggered an Overbought signal on the Relative Strength Index (RSI) [10] - The VanEck Gold Miners ETF (GDX) holds 46 stocks and has $22 billion in assets under management, with a 0.51% expense ratio, but is subject to higher volatility compared to physical gold [14][16]