
TSE:XGD
This summary was created by AI, based on 7 opinions in the last 12 months.
The iShares S&P/TSX Global Gold Index ETF (XGD-T) has garnered mixed reviews from experts, reflecting varying perspectives on gold's future. Several analysts point to strong support for gold equities, citing favorable conditions such as high bullion prices and improving cash flows. However, there's caution about the volatility of gold and a prevailing trend toward base metals like copper and aluminum. Some experts emphasize the importance of diversification, recommending a global approach that balances exposure to both gold and other dividend-paying markets. While gold has performed well this year, concerns about overvaluation and a potential pullback suggest a cautious stance for investors.
He likes gold and he holds bullion. XGD is pricey, though. The underlying stocks here are Newmont, Barrick, Agnico Eagle or Kirkland Lake. You can own the stocks or pay a MER and own them all here.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. In this current economic environment, 5i is comfortable with a 5%-10% gold position. Gold stocks will provide more upside potential, although bullion funds provide more insurance. Unlock Premium - Try 5i Free
Large-cap gold companies, so it skews to a smaller group. Gold trying to break through all-time highs, and the companies are participating alongside. Gold exposure is very good. Gold stocks combine beta of the gold plus the stock market. Precious metal provides more of a safe haven.
Pair it with a bit of gold exposure, so you have something else in your portfolio if there's a market calamity. Gold gives your portfolio diversification.