SPDR Gold MiniShares (GLDM)

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.

Sturdy central bank gold buying since 2009 and a rising gold price has grown the precious metal’s share of global international reserves to the detriment of fiat currencies.

Gold prices are projected to rise to $2,500-$2,600 per ounce, representing an attractive portfolio hedge for equity investors, according to a Bank of America report published this week. As the precious metal surged to fresh record highs following the Fed March meeting, investment and ETF strategist Jared Woodard from Bank of America identified ...

A closer look at some of the top gold ETFs.

For this week's ETF Wrap, I spoke with Franklin Templeton's Wylie Tollette on the Federal Reserve's interest-rate decision and caught up with State Street's Michael Arone on his midyear ETF market outlook.