IAU
$75.50 +0.70 (0.94%)
🚫 does not pay dividends

Company News

Gold Set to Break $3,000? ETFs to Consider
Zacks Investment Research • Yashwardhan Jain • June 25, 2024

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.

3 Reasons Why Gold ETFs Could Surge From Here
Zacks Investment Research • Sanghamitra Saha • June 14, 2024

Gold prices jumped in 2024 buoyed by the potential for the US monetary policy easing, a likely decline in the US dollar, increased geopolitical tensions and continuous purchasing by central banks.

Ray Dalio Warns Of US-China Economic Sanctions, Stresses Diversification
Benzinga • Surbhi Jain • June 5, 2024

Billionaire investor Ray Dalio, founder of Bridgewater Associates, recently highlighted escalating U.S.-China tensions and the importance of diversification in the face of growing global risks. Speaking at the Greenwich Economic Forum in Hong Kong, Dalio emphasized the potential for significant economic and political upheaval in the coming years,...

Gold Overtakes Euro In Global International Reserves
Seeking Alpha • Jan Nieuwenhuijs • May 31, 2024

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.

Mohamed El-Erian And Bitcoin-Critic Peter Schiff Highlight Gold's Soaring Prices And Market Momentum: 'Just Sit Tight And Enjoy The Ride'
Benzinga • Kaustubh Bagalkote • May 22, 2024

As the price of gold continues to soar, prominent economists Mohamed A. El-Erian and Peter Schiff are emphasizing the ongoing strength of the gold market. El-Erian highlights the significant expansion of the commodity rally, while Schiff underscores the importance of holding onto gold and silver assets amid a promising market outlook. What Happen...

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