Funds invested in gold and silver mining stocks are soaring as the price of gold continues to rally past all-time highs.

The price of gold has almost doubled over the past year, rallying 85% to $5000 per ounce on the back of central bank buying and investor inflows into gold-backed exchange-traded-funds (ETFs).

The rally has come alongside growing concerns around government fiscal deficits and investors looking to hedge against geopolitical uncertainty amid continued tariff threats from the Trump administration.

The price of silver has also rallied significantly over the past year up over 258% from roughly $30 per ounce to $108 per ounce.

Gold funds invested in gold and silver mining stocks have benefitted immensely from this rally as metal sales at higher prices typically go straight to the bottom-line of miners with relatively fixed production costs.

Below, FSA highlights the top 10 performing gold and silver funds during the past twelve months, which are available for distribution in either Hong Kong or Singapore, according to data from FE fundinfo.

Fund	1 year return (%)	ISIN Code
Bakersteel Global Precious Metals	231.29	LU1128909394
Franklin Gold and Precious Metals	222.39	LU0496367417
Schroder ISF Global Gold	217.49	LU1223082196
Jupiter Gold And Silver	217.12	IE00BYVJRC40
UBS Solactive US Listed Gold & Silver Miners UCITS ETF	215.04	IE000EPIJ442
VanEck Junior Gold Miners UCITS ETF	214.01	IE00BQQP9G91
Ninety One Global Gold	206.52	LU0345780794
UBS Silver ETF	205.07	CH0118929048
WisdomTree Physical Silver	204.92	JE00B1VS3333
Amundi Global Gold Mines	203.01	LU1989765802

All the funds in the list above have more than tripled in value over the past twelve months.

The funds with a pure allocation to physical silver have done particularly well, such as WisdomTree Physical Silver and UBS Silver ETF.

Other funds with a more generous allocation to silver mining stocks also feature in the list, such as Bakersteel Global and Jupiter Gold and Silver.

According to their most recent factsheets, Jupiter Gold and Silver has six silver-focused positions in its top-10 holdings, while Bakersteel Global has three silver miners in its top-10.

The VanEck Junior Gold Miners ETF was one passive strategy tracking a basket of gold mining stocks that also performed strongly, thanks to its focus on small-capitalisation gold and silver mining stocks.

One of this ETFs top holdings is Coeur Mining, which has rallied over 333% over the past year.