BofA Securities' Jared Woodard on what soaring gold prices are suggesting
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BofA Securities' research head Jared Woodard discusses current market dynamics, highlighting significant gold price increases and potential economic implications. The expert suggests rising gold prices might indicate broader market concerns about consumer spending and economic stability.
March 28, 2025 | 6:45 pm
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The SPDR Gold Trust ETF could benefit from the current gold price surge and market uncertainty discussed by BofA's Woodard.
Rising gold prices suggest investor flight to safe-haven assets, which typically benefits gold-focused ETFs like AAAU. The market uncertainty highlighted by Woodard could drive increased gold investment.
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