Global / Equities

Global ETF Strategy: Geopolitics and Gold, Oil ETFs

Group Research / June 21, 2019
Rising political tension, lower bond yields and USD on the verge of reversing should make the rest of 2019 very interesting for the gold market.
Key summary points
  • Rising Middle East tensions to take oil and gold prices higher
  • Implications of currency war and monetary easing interesting for gold market in 2H19
  • Supply risks in oil are being underestimated in our view
  • Consider direct exposure to gold and oil ETFs, as well as gold miners and silver ETFs

Global ETF Strategy: Geopolitics and Gold, Oil ETFs

Photo credit: AFP Photo

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