The SVS Baker Steel Gold and Precious Metals Fund was the top-performing fund in Q3 2025, with precious metals, China, and natural resources leading the way. Gold funds have doubled in value this year, with precious metals equity showing a 46% return. Funds like WS Ruffer Gold and WS Amati Strategic Metals surged over 50%.

The SVS Baker Steel Gold and Precious Metals Fund gained 55.25% in Q3, outperforming the average fund in its category. The Ninety One Global Gold Fund rose 52.71%, while the SVS Sanlam Global Gold & Resources Fund gained 52.68%. Funds like WS Ruffer Gold and YFS Charteris Gold also saw significant gains.

WS Amati Strategic Metals Fund climbed 50.76% in Q3, beating its benchmark by 38.78 percentage points. The Jupiter Gold & Silver Fund rose 49.02%, while the BlackRock Gold & General Fund gained 47.54%. The Quilter Investors Precious Metals Equity Fund saw a 47.1% increase, performing in line with its category average.

The SVS Baker Steel Electrum Fund increased by 43.33% in Q3, outperforming the average equity natural resources fund. With strong performances across various precious metals and natural resources funds, the investment landscape in these sectors is showing positive growth trends in 2025.

Read more at Morningstar: The Best-Performing Funds in Q3 2025