Funds: “Huge revenues with precious metal funds”

The new year got off to a really good start, with new records being set on the stock markets and, above all, for gold and silver. This is reflected in fund trading.

January 15, 2026. FRANKFURT (Deutsche Börse). Precious metals are also currently a hot topic in fund trading. “Turnover in precious metal funds is enormous,” reports Matthias Präger, who trades funds for Baader Bank. The rally in gold and silver prices is also having an impact at ICF Bank, with high demand for corresponding funds. “However, the clear sales leader for us is a technology fund,” notes ICF trader Ivo Orlemann.

Overall, traders currently have a lot on their hands. “The mood is good – with the DAX, gold, and silver reaching new all-time highs,” notes Präger. “There's a lot going on,” Orlemann also reports.

Gold and silver are reaching new highs: at US$4,642 per troy ounce, gold is more valuable than ever. The price of silver has climbed above US$90 for the first time. Extremely popular at Baader Bank: the Earth Gold Fund (DE000A0Q2SD8) and the BGF World Gold Fund in euros (LU0326422689), both of which are gold mining funds. The BGF World Gold Fund in US dollars (LU0055631609) is more likely to be sold. The favorite among ICF customers is Stabilitas Silver + White Metals (LU0265803667).

Tech funds also reaching new highs

Tech funds are also in demand, especially Fidelity Global Technology (LU0099574567), as Orlemann reports. Since the price drop in March/April, the fund has been on an almost uninterrupted upward trajectory. At the beginning of the week, it reached a new all-time high.

As usual, sales dominate among Baader Bank customers trading in broadly diversified equity funds. On the sell lists are Fondak (DE0008471012), DWS Deutschland (DE0008490962) and DekaFonds CF (DE0008474503). The internationally investing Morgan Stanley INVF Global Opportunity (LU0552385295), DWS Top Dividende (DE0009848119) and DWS Vermögensbildungsfonds (DE0008476524) are also being sold. According to Präger, however, the Alken Fund European Opportunities (LU0235308482) will be purchased.

Funds with Asian equities, such as Baring Hong Kong China (IE0000829238) and DWS Top Asien (DE0009769760), are more likely to be on the disposal list.