🌟🌟🌟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 $SPDR Gold Shares(GLD)$
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.
【🎁有獎話題】金價多次刷新歷史新高！而家入手黃金期貨仲來得及嗎？
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