The price of gold hits $3,000 amid rising global uncertainties, benefiting HNW ETF inflows

GlobalDataFinancialServices

Wed, Apr 2, 2025, 3:27 AM 1 min read

Gold prices person surged to the unprecedented level of $3,000 per ounce, driven by a substance of macroeconomic factors, geopolitical tensions, and shifting capitalist sentiment. While this milestone highlights gold’s presumption arsenic a safe-haven asset, it besides shows the value of being capable to connection gold-backed fiscal products, successful peculiar exchange-traded funds (ETFs).

Despite gold’s bullish show amid mounting planetary uncertainties, high-net-worth (HNW) investors’ nonstop vulnerability remains limited. According to our HNW Asset Allocation Analytics 2024, lone 2.4% of HNW onshore wealthiness is allocated to golden straight (or 18.9% of investors’ commodity portfolios).

Instead, we person seen an accrued reliance connected ETFs to summation vulnerability to precious metals fixed easier entree and greater liquidity. Commodity ETFs present represent 24.4% of the mean HNW commodity portfolio, up from 21.6% the twelvemonth prior.

Investors who lone similar entree to golden successful the abbreviated word during times of heightened volatility are notably much apt to trust connected ETFs than carnal products. In fact, aft sell-offs betwixt 2021 and 2023 and a level 2024, investors person go nett buyers of golden ETFs successful 2025. As planetary marketplace uncertainties are improbable to subside anytime soon, offering ETFs that supply vulnerability to golden and different precious metals is critical.

"The terms of golden hits $3,000 amid rising planetary uncertainties, benefiting HNW ETF inflows" was primitively created and published by Private Banker International, a GlobalData owned brand.