Investors are flocking to gold ETFs as a safe-haven asset during escalating trade tensions.
From Zacks Investment Research: 2025-04-09 19:32:00
Investors are turning to gold as a safe-haven asset amidst tariff-driven uncertainty and central banks’ increased purchases. The escalating trade tensions have led to a decline in U.S. markets, with the S&P 500 falling around 10% since last week. A weaker U.S. dollar has also boosted gold prices, making it an attractive investment option. During periods of economic uncertainty or recession, gold’s enduring value attracts more investors. Recent tariffs announced by President Trump could drive up prices and boost inflation, making gold an essential hedge for investors. Consider ETFs like GLD, IAU, GLDM, SGOL, and AAAU to increase exposure to gold and diversify your portfolio.
Read more at Zacks Investment Research: Why Investors Should Rush to Gold ETFs? – April 9, 2025