Russia-Ukraine Tensions Revive Interest in Safe ETFs
Portfolio Pulse from
The escalating tensions between Russia and Ukraine have led investors to seek safe-haven assets, increasing interest in safe ETFs.
November 20, 2024 | 4:15 pm
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The SPDR Gold Trust (GLD) is likely to see increased interest as investors seek safe-haven assets amid rising Russia-Ukraine tensions.
GLD, being a gold ETF, is considered a safe-haven asset. With geopolitical tensions rising, investors typically flock to gold, increasing demand for GLD.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80