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AAAU - Hope For The Best Hedge With Gold For The Rest
Goldman Sachs Physical Gold ETF
Gold Outperforms Other Asset Classes During Sell-Off
Gold has outperformed most asset classes so far in this latest market sell-off. It ended March with a slight $8.51 (0.5%) loss to close at $1,577.18 per ounce. Gold rose early in the month to a fresh seven-year high of $1,703 on March 9. However, similarly to the crash in 2008, funds have had difficulty selling their losers and have become desperate for cash. As the market panic gained momentum, gold was sold as a source of liquidity for margin calls, redemptions and risk-off positioning. The monthly low