If Stock Market Sell-Off Isn't Done, Watch These 2 ETFs ETF Trends
If selling pressure on the stock market hasn't subsided as of yet, look for safe haven assets like gold and silver to see more upward pressure.
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If selling pressure on the stock market hasn't subsided as of yet, look for safe haven assets like gold and silver to see more upward pressure.
It's been a comeback story for gold so far this year as the precious metal recently hit a one-month peak, which should help bolster gold-related ETFs.
The fall of the Russian ruble is helping to spur a demand for safe haven assets like a gold in a scramble to preserve wealth.
A global de-risking amid Russia's invasion of Ukraine is helping to spur a flight to safety as investors seek assets like gold.
The PHLX Gold/Silver Index is up 7% on the year, making the case for strength in gold prices as inflation and geopolitics come into play.