🌟🌟🌟Gold Fever has hit the markets as it is a safe haven in the midst of market volatility. I have invested in
$iShares Gold Trust(IAU)$ which is the 2nd largest Gold ETF after
$SPDR Gold Shares(GLD)$ and it has been on a strong upward momentum.
IAU ETF has a lower expense ratio compared to GLD ETF at 0.25% versus 0.40%, putting more money into my pockets.
I bought IAU as it has a lower entry point at USD 64.59 compared to GLD which is USD 315.58. Both ETFs track Spot Gold Prices on a daily basis and have Gold Bullions in their vaults.
Buying a Gold ETF is a lot easier to trade and I do not have to worry about the safe storage of physical gold.
IAU ETF is my tactical bet to hedge against the volatility in the stock markets.
@Tiger_comments @TigerStars @CaptainTiger @Tiger_SG @TigerClub
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