🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
3 Reasons Gold ETFs Are Exploding, And Why You Should Act Now
Gold is on a rapid surge. The metal has now become one of the leading safe-haven assets to explore, helping the asset surge in price. At the same time, the Gold ETF domain is also witnessing a surge in demand, with investors exploring the asset at a rapid pace. Is this signaling a new market development, an opportunity that can serve investors a new high-demand domain to extract gains from? Here are three reasons why missing out on gold ETFs might be the biggest mistake investors can make right now.
Also Read: Gold (GC=F) Price Beats $3,800 Record: Is $4k in Reach?
Also Read: Gold (GC=F) Price Beats $3,800 Record: Is $4k in Reach?## Three Reasons Why Investors Should Explore Gold ETFs Now
1. Gold ETFs on the Rise as Dollar Weakens
“Gold demand continues to surge: Global gold ETF holdings rose by +27 tonnes on Friday, the biggest daily increase since January 2022. This is DOUBLE the daily average seen so far this year. As a result, gold-backed ETFs increased 0.9%, the largest single-day percentage gain since 2022. Gold prices are now on track for their 6th consecutive weekly gain, the longest streak since February. Meanwhile, daily options volume of the largest silver ETF, $SLV, spiked to 1.2 million shares on Friday, the highest since April 2024. Precious metals are making history.”
“Gold demand continues to surge: Global gold ETF holdings rose by +27 tonnes on Friday, the biggest daily increase since January 2022. This is DOUBLE the daily average seen so far this year. As a result, gold-backed ETFs increased 0.9%, the largest single-day percentage gain since 2022. Gold prices are now on track for their 6th consecutive weekly gain, the longest streak since February. Meanwhile, daily options volume of the largest silver ETF, $SLV, spiked to 1.2 million shares on Friday, the highest since April 2024. Precious metals are making history.”
Gold demand continues to surge:
Global gold ETF holdings rose by +27 tonnes on Friday, the biggest daily increase since January 2022.
This is DOUBLE the daily average seen so far this year.
As a result, gold-backed ETFs increased +0.9%, the largest single-day percentage gain… pic.twitter.com/3m0e8g4ryn
With recent projections of the US dollar continuing to weaken due to Trump tariffs and new economic policies, gold is now becoming a safe-haven asset to explore at the moment.
2. Central Banks’ Gold Buying Spree
3. Volatile Fed Stance
Also Read: Goldman Sachs Raises S&P 500 Target to 7,200
Also Read: Goldman Sachs Raises S&P 500 Target to 7,200