Goldman Sachs Physical Gold ETF Shares (AAAU)

Gold prices hit a record high of $3,699.57, with analysts suggesting this is the beginning of a new cycle for precious metals. Mining stocks are showing strong performance, driven by a weakening US dollar and expectations of Federal Reserve rate cuts.

The article discusses three ETFs that allow investors to gain exposure to physical gold without the need for storage. The ETFs mentioned are GraniteShares Gold Trust (BAR), Goldman Sachs Physical Gold ETF (AAAU), and Sprott Physical Gold (PHYS).

ServiceNow's stock dropped over 5% after an analyst from Goldman Sachs reduced the company's price target, citing potential impacts to its public sector business. However, the analyst maintained a buy recommendation, noting ServiceNow's improving fundamentals and integration of AI capabilities.

BSTR Miner announced an upgrade to its 'Stress-Resistant Mining Plan' to help miners cope with rising costs and declining profitability due to increased mining difficulty. The plan offers features like zero-cost startup, multiple income streams, and smart contract options to reduce risks and improve efficiency for miners.

Look into gold ETFs as rising geopolitical tensions, increasing probability of an interest rate cut and central banks increasing their purchase of the precious metal drive the rally behind gold prices and demand.