This summary was created by AI, based on 1 opinions in the last 12 months.
The Gold Bullion ETF (VALT-T) has been recognized as a top pick, showcasing a significant increase of 31% recently. As it holds physical gold, the ETF is seen as a crucial investment for those looking to gain exposure to gold prices, which have recently reached record highs. Experts suggest that while short-term volatility may be expected due to upcoming US elections, profit-taking in the current environment may be prudent. There is a perspective among investors that gold serves as a hedge against fiscal policy concerns, particularly regarding national debt, rather than merely an inflation hedge. Should gold prices pull back, experts indicate a should add to their positions, forecasting further upside potential.
With mining companies, so much can go wrong. If looking to hedge against inflation or geopolitical events, look at gold bullion instead. VALT is hedged, VALT.U is the USD version.
Expecting strength in gold prices going forward. Very safe asset for defensive investors. Would recommend in portfolio approach. If interest rates fall, will be good for gold prices (less interest in bonds). Uncertainty in US economy unstable, which is good for gold prices. Weaker US Dollar will also benefit gold prices.
Gold Bullion ETF is a Canadian stock, trading under the symbol VALT-T on the Toronto Stock Exchange (VALT-CT). It is usually referred to as TSX:VALT or VALT-T
In the last year, 1 stock analyst published opinions about VALT-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Gold Bullion ETF .
Gold Bullion ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Gold Bullion ETF .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Gold Bullion ETF In the last year. It is a trending stock that is worth watching.
On 2025-02-04, Gold Bullion ETF (VALT-T) stock closed at a price of $35.11.
It holds physical gold, her weight to be exposed to gold. Gold prices made a record high last week. Profit-taking now is wise. Will be short-term volatility given the US vote. She would add to this if the gold price pulls back. Many view gold as a hedge against fiscal policy--a debt hedge, rather than an inflation hedge. Upside to come.