Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Can Gold ETFs Continue To Shine In 2019?

Published 02/12/2019, 12:08 AM
Updated 07/09/2023, 06:31 AM

  • (1:00) - What Is the 2019 Outlook For Gold
  • (5:45) - Will The Central Banks Continue Buying Into Gold?
  • (7:30) - Why Should Investors Buy Gold?
  • (10:40) - GraniteShares Gold Trust ETF: BAR
  • (15:10) - 2019 Outlook For Platinum
  • (18:00) - Episode Roundup: Podcast@Zacks.com

In this episode of ETF Spotlight, I talk with Will Rhind, CEO of GraniteShares. We discuss the outlook for gold and ultra-cheap, physically backed gold and platinum ETFs offered by GraniteShares.

Gold prices had surged in the fourth quarter of 2018, as investors sought safe assets amid rising stock market volatility. More recently, the decline in interest rates and softness of the US dollar, thanks to the Fed's change in tone on rates, have helped the precious metal.

According to the World Gold Council, growth in gold demand last year was also driven by highest central bank buying in 50 years.

Gold and other safe-haven assets gain in an uncertain environment. And, there is no shortage of uncertainties this year. Will explains why he remains positive on gold.

We then discuss why gold deserves a place in investment portfolios and how much gold investors should investors own.

With an expense ratio of 17.49 basis points, the GraniteShares Gold Trust (TO:BAR) is one of the cheapest gold ETFs on the market. Due to its low fee, BAR was able to pull in assets from other popular gold ETFs and reach over $450 million since its launch in August 2017.

The largest gold ETF—the SPDR Gold Shares (V:GLD) —charges 40 basis points. State Street (NYSE:STT) recently launched a cheaper gold ETF—the SPDR Gold MiniShares Trust (V:GLD) —with an expense ratio of 18 basis points. The iShares Gold Trust (AX:IAU) has an expense ratio of 25 basis points.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

We discuss how fee wars in the gold ETF market have benefited investors.

Platinum, one of the rarest precious metals, is used mainly in automotive catalytic converters and jewelry. Historically, the metal generally traded at a premium to gold but it has been struggling for the past few years. Will explains why and whether this trend could be reversed.

GraniteShares Platinum Trust (BS:PLTM) is the lowest-cost, physically backed Platinum ETF on the market.

Please visit graniteshares.comto learn more about these ETFs.

Make sure to be on the lookout for the next edition of ETF Spotlight and remember to subscribe! If you have any comments or questions, please email podcast@zacks.com.

Want key ETF info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>



SPDR Gold Shares (GLD (NYSE:GLD

iShares Gold Trust (IAU): ETF Research Reports

Original post

Zacks Investment Research

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.