Gold ETFs

This article looks at the effects of negative yield as the Fed continues to hold interest rates at record low.

SPDR Gold Shares is the only gold ETF listed on the SGX.

Gold has been a traditional store of value and hedge against inflation as well as economic-geopolitical uncertainties for thousands of years — and a strategic asset in many diversified portfolios, including those of central banks.

Global gold ETF holdings eclipsed German gold reserves on Monday as investors seek safety from Covid-19.

SINGAPORE (July 17): At US$1,217.12 an ounce on July 11, the price of gold is 6% below its year-todate high of US$1,294.39 an ounce. Anticipation of higher interest rates may have been behind the recent selldown, as some investors moved out of gold and in