Favorite way to play higher gold prices? commodity, miners, royalty/streaming, etc?
Thank you for this question which others may have an interest in but it is not an easy one to answer. I think it really depends on what your personal disposition is.
Many people suspicious of the ultimate ambitions of government prefer to hold physical gold. There is a shortage right now because refineries have shut down because countries are on lock down. Air traffic limitations also makes it difficult to transport the metal. Gold is not much like toilet paper but there is a rush on at present to secure supplies. Meanwhile mine production is still rising so the physical supply situation is likely to moderate eventually.