Gold Funds Recover In February

January wasn't the best of months for gold funds, as gold stocks came tumbling down. Last month, as it turned out, was better as the stocks recovered. A Globe And Mail report has the preliminary results for Canadian funds:

Precious metals equity funds gained an average of 6.1 per cent last month, according to preliminary figures released yesterday from Globe Investor. Canadian equity and natural resource equity funds, were up an average of 4.4 per cent and 4 per cent, respectively.

The category was #1 for the month.