Gold has been on a powerful upward trajectory this year, fueled by strong safe-haven demand amid Trump's tariff chaos and escalating geopolitical tensions, weakening U.S. dollar and growing expectations of Federal Reserve rate cuts. The yellow metal has posted monthly gains for five straight months as of May, its longest run since 2017.
Rising Middle East tensions should spur gains in energy, gold, defense, and cybersecurity ETFs amid Israel's strike on Iran. These ETFs include the likes of XLE, AUMI, ITA and HACK.
Uranium, volatility, gold miner, and platinum ETFs surged last week, driven by policy shifts, market fears, safe-haven demand, and supply constraints affecting their respective areas.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| ST Steven Trigili Garden State Investment Advisory Services LLC | 4,070 | $327,273.18 | $330,728.2 | $3,455.02 | 1.06% |
| AIM Advyzon Investment Management LLC Advyzon Investment Management, LLC | 2,991 | $289,037 | $243,048.66 | -$45,988.34 | -15.91% |
Paul Zarling Client First Investment Management LLC | 2,437 | $224,077 | $198,030.62 | -$26,046.38 | -11.62% |
| NASDAQ (NMS) Exchange | US Country |
The described company is focused on providing investors with exposure to the gold mining industry. It accomplishes this through a specialized index denominated in U.S. dollars. By investing predominantly in gold mining companies and utilizing financial instruments like American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), the company aims to track the performance of its underlying index closely. The investment strategy emphasizes placing at least 80% of its assets in securities that form part of the index or in ADRs and GDRs associated with those securities. It's important to note that the fund operates with a non-diversified status, meaning it may invest more heavily in a smaller selection of securities.
This product focuses on offering investors access to companies within the gold mining sector. Through a carefully selected index, the fund aims to represent a broad spectrum of gold mining activities and endeavors, providing a comprehensive look into the sector's financial performance.
In order to provide a diverse means of investment and to facilitate easier access to foreign markets, the fund includes American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) in its portfolio. These instruments allow investors to invest in foreign companies with the convenience of transactions denominated in U.S. dollars.