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home / news releases / IAU - Gold: Will It Keep Its Shine?

IAU - Gold: Will It Keep Its Shine?

ishares Gold Trust

2024-04-27 00:00:00 ET

Summary

  • Gold prices are surging to record levels amid a complex global economic backdrop, including potential U.S. Federal Reserve rate cuts and ongoing geopolitical risks.
  • With its low correlation to equities and ability to help mitigate recessionary and inflationary pressures, gold's attractiveness is underscored by robust demand from emerging market central banks.
  • Recently, gold prices reached all-time highs despite a rally in risk assets, higher bond yields, and a stronger U.S. dollar.

Gold prices are surging to record levels amid a complex global economic backdrop, including potential U.S. Federal Reserve rate cuts and ongoing geopolitical risks. ...

For further details see:

Gold: Will It Keep Its Shine?
Stock Information
Company Name: ishares Gold Trust
Stock Symbol: IAU
Market: NYSE
Website: www.ishares.com
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