Gold: The Most Unloved But Best-Performing Asset Class?
Portfolio Pulse from
Gold has reached record highs, surpassing $2,950 an ounce, as investors seek safety amid trade war fears and disappointing economic data. This has led to increased buying in defensive sectors like consumer staples, utilities, and healthcare.
February 27, 2025 | 3:15 pm
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The SPDR Gold Shares ETF (GLD) is likely to benefit from the surge in gold prices, as it tracks the performance of gold bullion. With gold reaching record highs, GLD may see increased investor interest.
GLD is directly tied to the performance of gold prices. As gold reaches new highs, GLD is likely to attract more investors seeking exposure to gold, driving its price up in the short term.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90