Singapore debuts gold ETF amid war-driven price downturn

The Singapore Exchange today welcomed its first ETF tracking local gold reserves—the LionGlobal Physical Gold ETF officially listed, with the underlying gold purity not less than 99.5%. Previously, this fund was opened to retail and institutional investors on the over-the-counter platform about four months ago. Singapore’s move echoes the strategy of its competitor Hong Kong: Hong Kong has signed a …

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The Battle of the Gold ETFs: Is AAAU Better Than GLD?

The Goldman Sachs Physical Gold ETF (NYSEMKT:AAAU) stands out for its lower expense ratio, while SPDR Gold Shares (NYSEMKT:GLD) offers greater scale and liquidity. Still, both aim to track the price of gold bullion with similar historical performance and risk. Both AAAU and GLD are physically backed gold exchange-traded funds (ETFs) designed to reflect the price of gold bullion minus ongoing expenses. This comparison …

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No More Goldilocks for Gold? Here is What Changed

No More Goldilocks for Gold? Here is What Changed. Gold prices have tumbled 17.2% since March 2nd while geopolitical tensions in the Middle East continue to simmer with strikes on oil infrastructure becoming an increasing threat should talks fail (see figure 1). Why isn’t the safe-haven working? We have heard some say that it is because investors are selling what …

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