The premium on gold’s price might be cooling off, especially as the geopolitical conflicts start to cool as nations gear up for the new United States administration. This is why gold’s price has ranged and struggled to break above $2,700 per ounce, making other discounted commodities, like crude oil, a better buy when seen from a risk-to-reward setup.
In the energy sector, plenty of stocks could use a boost, as their prices today are at rock-bottom valuations. At the same time, some exchange-traded funds (ETFs) in both gold and oil are worth shifting portfolios in and out of right now, besides considering some of the stocks in today’s list as potential buys and sells in this same process.
