Investors are flocking to gold ETFs, with $21 billion flowing into US products this year. The price of gold is up nearly 29%, driven by safe-haven demand amid geopolitical and economic uncertainty. High tariffs imposed by Trump have spiked gold sales globally, with net sales positive for the past six of seven months.
US gold ETF demand has fluctuated over the past years, with $179 billion in net assets in July. Portfolio construction is not one-size-fits-all, but a 3% to 10% allocation to gold can benefit many investors in the long term. Gold is a diversifier with low correlation to the stock market, making it a valuable asset in a well-rounded portfolio.
Read more at Yahoo Finance: Gold ETF Sales Skyrocket Amid Price Surge
