Gold ETFs And The Eurozone Debt Crisis

By
June 27, 2012
Share:

Related ETFs

Ticker Fund name
GLDSPDR Gold
IAUiShares Gold Trust
Related ETF Lists
Gold ETFs

 

Gold and gold ETFs are coming back into favor as the eurozone crisis continues to fester and unsettle investors looking for save havens, according to an article on ETF Trends that cited ETF industry insider Christian Magoon.

Magoon suggested that gold's the latest moves higher reflect expectations among investors that things are likely to get worse, and that if the eurozone dissolves, gold would be an attractive store of value, the report said.

The article said the following gold ETFs rose on Monday, but suggested some of the movement could also reflect a rebound after the yellow metal fell about 3 percent in the prior week:

  • SPDR Gold Shares (NYSEArca: GLD)
  • iShares Gold Trust (NYSEArca: IAU)

 

Check out the full story on ETF Trends.

ETF.COM CHANNELS

Want to learn more about smart-beta ETFs? Check out our smart-beta guide, essentials library and ETF screener!

ETF DAILY DATA

Small-cap stock ETF 'IWM' took a breather and found itself among the biggest creations on Monday, July 27, raking in more than $420 million in one day. Total U.S.-listed ETF assets dropped to $2.111 trillion.

A roster of ETFs including 'IJH' and 'IWM' paced iShares' issuer-leading inflows Monday, July 27. Total U.S.-listed ETF assets dipped to $2.111 trillion.

ETF.COM ANALYST BLOGS

By Paul Britt

Toss and turn about whether to hedge currency risk, but don’t lose sleep over the derivatives themselves.

By Dave Nadig

With the China A-share market half-broken, ETF investors should be very, very cautious.

By Drew Voros

Price depreciation and continued outflows have made for a tough few years.

By Dave Nadig

Legendary investor trips over how ETFs work.

ETF INDUSTRY PERSPECTIVE

By Invesco PowerShares

A more in-depth look at the smart-beta survey's results.

By Invesco PowerShares

Smart beta appears to be poised for further growth.