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IAU

iShares Gold Trust

http://www.ishares.com

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Asset Management

The Trust seeks to reflect such performance before payment of the Trust’s expenses and liabilities. It is not actively managed. The Trust does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of gold. The advisor intends to constitute a simple and cost-effective means of making an investment similar to an investment in gold. An investment in physical gold requires expensive and sometimes complicated arrangements in connection with the assay, transportation, warehousing and insurance of the metal.

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Ryan McIntyre from Sprott Inc. predicts a positive outlook for gold prices over the next 18 months, driven by central bank buying, ETF inflows, and geopolitical tensions. Gold ETFs like IAUM, GLDM, and IAU are currently trading lower despite the bullish forecast.

Portfolio Pulse from Benzinga Neuro

August 22, 2024 | 2:31 pm

Gold prices have reached an all-time high, driven by potential Federal Reserve interest rate cuts, geopolitical risks, and increased demand from central banks and consumers. Gold mining stocks and related ETFs have also seen significant gains.

Portfolio Pulse from Navdeep Yadav

August 20, 2024 | 11:00 am

Ray Dalio, founder of Bridgewater Associates, warns of escalating U.S.-China tensions and the importance of diversification in investments. He highlights the risks of economic sanctions, internal U.S. conflicts, and global economic uncertainties. Dalio recommends diversifying across countries, currencies, and asset classes, and prefers equity over debt, with gold as a hedge.

Portfolio Pulse from Surbhi Jain

June 05, 2024 | 7:14 pm

Prominent economists Mohamed El-Erian and Peter Schiff highlight the ongoing strength and market momentum of gold, with El-Erian noting the significant expansion of the commodity rally and Schiff advising investors to hold onto their gold and silver assets. The price of gold has recently hit a new record high of $2,450 per ounce, driven by expectations of a potential interest rate cut by the U.S. Federal Reserve.

Portfolio Pulse from Kaustubh Bagalkote

May 22, 2024 | 2:43 am

U.S. national debt is predicted to rise in the next decade, with 88% of scenarios showing an increase in debt as a percentage of GDP. Concerns over this unsustainable debt growth have led investors to seek safe havens like gold, Bitcoin, and real estate ETFs. Bank of America's Michael Hartnett links rising gold and Bitcoin values to debt worries. ETFs like SPDR Gold Trust, iShares Gold Trust, and Abrdn Physical Gold Shares ETF have seen significant gains. Real estate and foreign asset ETFs are also considered safe investments amid U.S. fiscal instability.

Portfolio Pulse from Natan Ponieman

April 02, 2024 | 8:48 pm

Bank of America projects gold prices to rise to $2,500-$2,600 per ounce, advocating for physical gold ETFs like iShares Gold Trust Micro (IAUM) and SPDR Gold Minishares Trust (GLDM) over miners for equity investors. The report highlights gold's hedging quality and central bank purchases as key drivers of its rally, noting a potential demand increase from retail investors. For mining exposure, Barrick Gold Corp. (GOLD) and Newmont Corp. (NEM) are recommended, with a preference for iShares MSCI Global Gold Miners ETF (RING) and VanEck Gold Miners ETF (GDX) over other mining ETFs.

Portfolio Pulse from Piero Cingari

March 21, 2024 | 7:31 pm

Gold prices continue to rise, with speculators driving the price up at a rate not seen since 2019. Gold futures dipped slightly by 0.1% on Monday, but overall, gold added 4.3% over the last week. ETFs like SPDR Gold Shares ETF (GLD) and iShares Gold Trust ETF (IAU) saw similar gains. Analysts attribute the rise to a Goldilocks scenario and expect further increases due to geopolitical uncertainty and potential Federal Reserve policy changes. The VanEck Gold Miners ETF (GDX) and stocks like Newmont Goldcorp (NEM) and Barrick Gold Corp (GOLD) are also seeing positive movements.

Portfolio Pulse from Neil Dennis

March 11, 2024 | 3:29 pm

Global physically backed gold ETFs have experienced outflows for nine consecutive months, totaling $5.7 billion year-to-date, despite gold prices reaching all-time highs. The outflows are primarily from North America, with factors such as a strong labor market, higher inflation, and a potential Federal Reserve rate cut contributing to the trend. However, gold prices continue to rise due to speculative betting and physical demand, particularly from China. Central bank demand remains strong, supporting gold prices. Gold ETFs mentioned include SPDR Gold Trust (GLD), iShares Gold Trust (IAU), Abrdn Physical Gold Shares ETF (SGOL), and VanEck Gold Miners (GDX).

Portfolio Pulse from Stjepan Kalinic

March 08, 2024 | 8:31 pm

Gold ETFs, including SPDR Gold Shares ETF (GLD), iShares Gold Trust (IAU), and Granite Shares Gold Shares (BAR), have experienced outflows and price declines amid expectations of U.S. interest rate changes. The VanEck Gold Miners ETF (GDX) and its top holdings, Newmont Goldcorp (NEM), Barrick Gold Corp (GOLD), and Agnico Eagle Mines Limited (AEM), have seen significant declines due to rising production costs. The outlook for gold and gold ETFs remains uncertain as investors await clues on U.S. interest rate directions.

Portfolio Pulse from Neil Dennis

February 20, 2024 | 5:39 pm

Robert Kiyosaki, author of 'Rich Dad, Poor Dad', commented on the recent pullback in gold and silver prices, advocating for a 'Dollar Cost Averaging' investment strategy. He revealed that he has been accumulating gold, silver, Bitcoin, and real estate for years. The iShares Gold Trust (NYSE:IAU) edged up 0.05% to $37.49 in premarket trading on Monday, while the iShares Silver Trust (NYSE:SLV) fell 0.47% to $21.30.

Portfolio Pulse from Shanthi Rexaline

October 23, 2023 | 8:57 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.