Get On the Gold Train With This Soaring ETF

Do you think the price of gold can't possibly go any higher this year? Think again. Gold is having a banner year. The price of the yellow metal is up 39% year to date. And it seems to be picking up momentum -- it soared 8% over the past month. What's driving the ascent?Several factors, in fact. First, gold is a traditional safe haven that investors flock to in times of stress. Now is one of those times. Concerns about geopolitical tensions, stubbornly high inflation, and tariff-induced chaos in the global trading system are growing -- and are pushing investors to the safety of gold.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool