In its latest meeting, Fed Chair Jerome Powell signaled three rate cuts this year, citing expanding economic activity and easing but elevated inflation. Some ETFs are expected to soar if the Fed cuts the rate.
The allure of gold has returned in recent weeks on expectations of U.S. interest rate cuts in June. Given the optimism, we have highlighted the five most popular options that are directly linked to the spot gold price or futures to gain exposure to the metal.
This gold ETF hits a new 52-week high. Are more gains in store for this ETF?