Gold ETFs Shine as Price Hits $4,000
Yahoo Finance·2025-10-08 10:10
It’s not just a flash in the pan. Gold is having a moment, and ETF sales have gone technically… well, bonkers, as its price crushed records, reaching $4,000 per ounce on Tuesday. Despite this year’s strong stock market performance, uncertainty is a major concern for investors, with the latest contributor being the US government shutdown. That has people leaning into decentralized stores of assets like gold and cryptocurrencies, said David Schassler, VanEck’s head of multiasset solutions. The current gover ...