From CNBC: 2024-04-11 19:00:01

Investors are advised to choose physical gold over gold stocks for protection in uncertain markets, according to expert George Milling-Stanley. State Street Global Advisors offers two gold ETFs, GLD and GLDM, with different expense ratios catering to different types of investors. Both funds were up 15% year to date.

Gold is not just for older investors – millennials are allocating more of their portfolios to the metal, according to a study by State Street. Despite the popularity of bitcoin among younger generations, gold remains a strong long-term strategic investment option. Millennials are more likely to own bitcoin than any other asset, while Gen Z favors bitcoin over stocks, bonds, or real estate.

Read more: Gold is safer than mining stocks: State Street’s Milling-Stanley