Gold price hits record peak on continued safe-haven buying
Portfolio Pulse from
Gold prices reached a new record of $3,124.40 per ounce, driven by safe-haven buying and continued central bank purchases. Global trade tensions and risk aversion are supporting precious metal prices, with investors seeking refuge from market uncertainties.
March 28, 2025 | 12:15 pm
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POSITIVE IMPACT
The APMEX Physical Gold Shares ETF (AAAU) is likely to see positive price movement due to record-high gold prices and increased investor interest in safe-haven assets.
As a physically-backed gold ETF, AAAU directly tracks gold prices. With gold reaching an all-time high and strong central bank buying, the ETF is positioned to benefit from current market conditions.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70