ZhongRenChun
10-22
//@koolgal:

🌟🌟🌟With the current geopolitical conflicts in the Middle East and Ukraine, it is not surprising that Gold prices are rising.  Gold is regarded as a  safe haven asset since ancient times.

I have invested in $iShares Gold Trust(IAU)$  which tracks the Gold spot price, using Gold Bars held in vaults.  IAU is the 2nd largest Gold ETF next to $SPDR Gold Shares(GLD)$ .  IAU has a lower expense ratio of 0.25% compared to GLD's expense ratio of 0.40%.

For a small investor like me, IAU has a lower entry point compared to GLD.  At the last closing price IAU was USD 51.37 on Friday compared to USD 251.27 for GLD. 

IAU's share price has risen almost 32% year todate. I like IAU ETF as it is a lot easier and safer than holding physical Gold.  It is also easier to buy and sell just like my other ETFs. 

With more Feds rate cuts coming, Gold prices should continue to rise.  I am so glad that I have invested in IAU as part of my diversified portfolio. 

@Tiger_comments  @TigerStars  

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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