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IAUF - Another New Fear Behind Gold's 'Fear Factor'
iShares Gold Strategy ETF
After a welcome breakout from a 2-week trading range, a summer rally for the precious metals sector continues to gain strength even as the global equity market stumbles. The recent plunge in U.S. small cap stocks is a reflection of the internal weakness plaguing equities; it’s also one of a growing list of factors behind the rally in the precious metals sector. In this report we’ll examine the main drivers behind the latest push to new multi-year highs in the price of gold.
Investors in risk assets can’t seem to catch a break this summer.