Gold prices just won't stop rising.
Year to date, gold is up nearly 26% — outpacing the S & P 500's 18% gain.
Since ETF holdings only increase gradually as the Fed cuts, this upside is not yet fully priced in."
Investors seeking exposure to gold can obtain it through exchange traded funds, such as the SPDR Gold Shares ETF (GLD) .
The fund, which tracks gold prices and charges 0.4% in fees, is up nearly 25% in 2024.
Persons:
Goldman Sachs, Lina Thomas, Thomas, Christopher Danely
Organizations:
Reserve, Goldman, Miners, Gold Miners, Citigroup, Micron Technology