The Gabelli Gold Fund, Inc. Q3 2025 Commentary

Gabelli Funds 71 Follower s Follow 5 Share Save Play ( 11min ) Comments Summary The third quarter of 2025 saw a sharp advance in both the gold price and gold equities. For the quarter, gold equities appreciated by well over 40% and again outpaced the metal, maintaining the leverage historically associated with the sector after years of underperformance. For the quarter, several of the Fund’s holdings made significant contributions to performance. e-crow/iStock via Getty Images Portfolio Observations The third quarter of 2025 saw a sharp advance in both the gold price and gold equities. Building on strong gains earlier in the year, gold rose by 16.7% during the quarter, climbing from $3,305.65 to $3,859.40 per ounce. This This article was written by Gabelli Funds 71 Follower s Follow GAMCO Investors, Inc. is a well-known diversified asset manager and financial services company. The company's investment services are primarily offered through its subsidiary GAMCO Asset Managment Inc, which manages separate accounts for high net worth individuals, institutions, and qualified pension plans, and through the Company's role as advisor to a family of Mutual Funds. Note: This account is not managed or monitored by GAMCO Investors, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use GAMCO Investors' official channels.

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