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home / news releases / AAAU - Gold: Dollar Hedge Or Expensive Door Stop?


AAAU - Gold: Dollar Hedge Or Expensive Door Stop?

By Jim Iuorio

At A Glance

  • The U.S. dollar and gold traditionally have had an inverse relationship. However, over the last 14 months, both have strengthened in tandem.
  • Gold performance will likely be influenced by the direction of the U.S. dollar and interest rates in 2020.

Depending on who you talk to, gold is either an inflation hedge, a currency proxy, a safe-haven asset or a zero-yielding waste of time and money. Regardless of an individual's opinion on gold, two things are usually agreed upon.

First, gold tends to do well as the U.S. dollar

Read more ...

Stock Information

Company Name: Goldman Sachs Physical Gold ETF
Stock Symbol: AAAU
Market: NYSE

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