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home / news releases / mania clouds risk despite gold merger bright spot

IAUM - Mania Clouds Risk Despite Gold Merger Bright Spot

iShares Gold Trust Micro
  • Gold prices have now been consolidating for over a year since hitting an all-time high of $2,075 per ounce in August 2020.
  • Gold’s consolidation has gone on longer and the price has dropped lower than we had anticipated.
  • Supply chains are being realigned and businesses are relocating sources of production, creating bottlenecks that limit supply.

For further details see:

Mania Clouds Risk Despite Gold Merger Bright Spot
Stock Information
Company Name: iShares Gold Trust Micro
Stock Symbol: IAUM
Market: NYSE
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