7 Gold ETFs With Low Costs
Gold investors typically tout several virtues of the yellow metal: It hedges against inflation, they say, it's an uncorrelated asset that doesn't move with the stock market and it can grow in value when national or even global uncertainty is high. Those features help build the bull case, which you can leverage via gold exchange-traded funds (ETFs).
Gold admittedly hadn't given investors much to work with for years. After a decade-long run topped out in 2011 above $1,850 per ounce, prices slammed back to earth and were stuck in a range between $1,100 and $1,300 until about mid-2019. But gold has been on the rise since then on the back of global growth worries. And so far in 2020, coronavirus-linked concerns about global economic weakness have pushed gold prices 12% higher.
Some people look to gold investing to diversify their portfolios, and aggressive investors can try to squeeze profits out of short-term swing trades. We recommend that if you do try your hand at this commodity, you first learn the , make it a small portion (5%)
