Gold and related gold ETFs are garnering greater attention as investors look for ways to hedge market risks.
“The equity market sold off pretty dramatically toward the end of last year, and it really created this sort of prime condition for gold to start increasing in price,” Will Rhind, Founder & CEO, GraniteShares, said at Inside ETFs 2019.
Looking ahead, Rhind argued that trade concerns, a weaker dollar and additional geopolitical risks abroad can continue to support the outlook for the gold asset.
For example, investors may consider the GraniteShares Gold Trust (BAR), one of the cheapest gold bullion-backed ETFs on the market with a 0.17% expense ratio.