| The SPDR Gold Shares, iShares Gold Trust and ETFS Physical Swiss Gold Shares and rival gold exchange traded products have been in focus as investors look for safe-haven plays in a post-Brexit world. That could be a sign of more upside to come for already gold and the related ETFs.
Some analysts still believe that is possible gold ascends to $1,500 per troy ounce. Gold bullion prices have surged almost 20% this year as the Fed previously signaled it would slow the pace of interest rate normalization this year – higher interest rates typically weigh on gold prices since the hard asset provide no yield and would become less attractive to higher-yielding conservative debt assets in a rising rate environment...............................................Full Article: Source
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