
Goldman Sachs Physical Gold ETF Shares
AAAUCompany News
Two gold ETFs, SPDR Gold Shares and Goldman Sachs Physical Gold ETF, offer investors different options for gold exposure. While SPDR has larger assets, Goldman Sachs provides a more cost-effective investment with a lower expense ratio.
US gold reserves have reached a market value of $1 trillion, with gold prices nearing $3,840 per ounce, despite the country's global gold reserve share hitting a 90-year low. Central banks like China, Russia, and India have been actively accumulating gold while the US has remained passive.
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).
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.
