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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 report milestone for the dear metallic.
“US $4,000/oz+ is probably going a query of ‘when’ not ‘if’ within the present FOMO setting. We expect there’s a 75% chance that bullion markets breach US$4,000+ in 4Q or by early 2026,” wrote Aakash Doshi, head of gold technique for State Avenue Funding Administration, in a word to purchasers.
Gold wrapped its seventh week of good points, hitting an all-time excessive of $3,880.8 an oz., bringing its yearly advance to over 47%. Uncertainty over the federal government shutdown, a weaker U.S. greenback and extra rate of interest cuts are seen as ongoing drivers. The Federal Reserve is predicted to chop charges in October and December, in response to the CME’s FedWatch Instrument.
Gold costs sit at contemporary report highs in October 2025. (iStock / iStock)
“Because the Fed resumes its charge reducing cycle, gold may very well be supported by way of two key channels: (1) Decreased alternative value of holding gold as a non-yielding asset; and (2) Additional potential bull steepening within the US Treasury curve, which ought to on steadiness be a US$ detrimental phenomenon,” he added. The dollar is down towards most of America’s key buying and selling companions and staring down the worst annual drop for the reason that Seventies, he mentioned.
FED CUTS RATES FOR FIRST TIME IN 2025
Gold bars and cash are pictured as the dear metallic hits contemporary report highs in 2025. (iStock)
Gold exchange-traded funds inflows this 12 months globally are the perfect since 2020, Doshi famous. He additionally factors out complete bodily holdings stay under the pandemic peak, “suggesting scope for additional shopping for. Bullion ETF inflows can materially tighten gold provide/demand balances and are a major issue driving report costs this 12 months,” he mentioned.
US TREASURY PLANS TO MINT TRUMP COINS
State Avenue’s SPDR Gold Belief is the most important ETF backed by bodily gold and has seen weekly inflows from Sept. 15 by way of month-end, in response to 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 embrace ProShares Extremely Gold and DB Gold Double Lengthy Trade Traded Notes. Each have superior greater than 90% this 12 months, whereas Sprott Bodily Gold Belief and Franklin Responsibly Sourced Gold ETF are up 47%, as tracked by VettaFi.
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