5 Reasons Why Gold ETFs Are Smart Bets Now
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Gold ETFs are considered smart investments as gold bullion hits an all-time high above $2,830 per ounce. The price increase follows a delay in tariffs by Trump, which has positively impacted gold prices.
February 04, 2025 | 3:00 pm
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The SPDR Gold Trust (GLD) is likely to benefit from the recent surge in gold prices, which reached an all-time high above $2,830 per ounce. The delay in tariffs by Trump has contributed to this price increase, making gold ETFs like GLD attractive to investors.
GLD, as a gold ETF, directly benefits from increases in gold prices. The recent all-time high in gold prices, driven by geopolitical factors such as the delay in tariffs, enhances the attractiveness of GLD to investors seeking safe-haven assets.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80