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Mangeet Kaur Bouns

The #1 Gold ETF Investors Want to Get Their Hands On

Gold ETF Mangeet Kaur BounsMangeet US Federal Reserve Inflation Stock Market United States

Gold is considered a safe and lucrative investment because it can be used as a hedge against inflation and currency fluctuation. Given the uncertainties surrounding the economy, gold prices are rising steadily. Thus, this could be the right time to invest in the leading gold ETF SPDR Gold MiniShares Trust (GLDM), which can cushion your portfolio against enhanced market volatility.

Gold has been on an unstoppable run in recent weeks, with various factors at play pushing its prices close to an all-time high of $2074.88. One of the most significant catalysts for gold this year has been the outlook for interest rates. The Fed has been raising rates for over a year in its ongoing fight against inflation.

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