Pacer ETFs President Sean O’Hara discusses the advantages of ETFs and lays out his favourite investments on ‘The Claman Countdown.’
Gold’s grind upward is exhibiting no indicators of slowing, with some eyeing one other file milestone for the dear steel.
“US $4,000/oz+ is likely a question of ‘when’ not ‘if’ in the current FOMO environment. We think there is a 75% probability that bullion markets breach US$4,000+ in 4Q or by early 2026,” wrote Aakash Doshi, head of gold technique for State Road Funding Administration, in a observe to shoppers.
Gold wrapped its seventh week of good points, hitting an all-time excessive of $3,880.8 an oz, bringing its yearly advance to over 47%. Uncertainty over the federal government shutdown, a weaker U.S. greenback and extra rate of interest cuts are seen as ongoing drivers. The Federal Reserve is predicted to chop charges in October and December, in line with the CME’s FedWatch Software.
Gold costs sit at recent file highs in October 2025. (iStock / iStock)
“As the Fed resumes its rate cutting cycle, gold could be supported through two key channels: (1) Reduced opportunity cost of holding gold as a non-yielding asset; and (2) Further potential bull steepening in the US Treasury curve, which should on balance be a US$ negative phenomenon,” he added. The buck is down towards most of America’s key buying and selling companions and staring down the worst annual drop because the Seventies, he stated.
FED CUTS RATES FOR FIRST TIME IN 2025
Gold bars and cash are pictured as the dear steel hits recent file highs in 2025. (iStock)
Gold exchange-traded funds inflows this yr globally are the most effective since 2020, Doshi famous. He additionally factors out whole bodily holdings stay beneath the pandemic peak, “suggesting scope for further buying. Bullion ETF inflows can materially tighten gold supply/demand balances and are a primary factor driving record prices this year,” he stated.
US TREASURY PLANS TO MINT TRUMP COINS
State Road’s SPDR Gold Belief is the biggest ETF backed by bodily gold and has seen weekly inflows from Sept. 15 via month-end, in line with ETF.com.
WEALTHY INVESTORS TAP ETFS FOR THREE HOT ASSETS
Ticker Safety Final Change Change % DGP POWERSHARES DB GOLD DOUBLE LONG ETN 133.93 +1.63
+1.23%
UGL PROSHARES ULTRA GOLD 46.64 +0.77
+1.68%
PHYS SPROTT PHYSICAL GOLD TRUST 29.86 +0.24
+0.81%
FGDL FRANKLIN TEMPLETON HOLDINGS TRUST RESPONSIBLY SOURCD GOLD ETF 52.02 +0.44
+0.85%
Different high performers embody ProShares Extremely Gold and DB Gold Double Lengthy Change Traded Notes. Each have superior greater than 90% this yr, whereas Sprott Bodily Gold Belief and Franklin Responsibly Sourced Gold ETF are up 47%, as tracked by VettaFi.
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