
iShares Gold Trust (IAU)
Company News
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.
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,...
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.
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
This red-hot safe asset may appeal to risk-averse investors.