“Our base case is for inflation to moderate and trend lower,” according to Pimco
The U.S. consumer price index, or CPI, advanced 3% in December year-over-year. Nevertheless, the long-term inflation outlook is still in gold’s favor.
Other gold ETFs include:
- iShares Gold Trust (NYSEArca: IAU)
- ETFS Physical Swiss Gold Shares ETF (NYSEArca: SGOL)
- PowerShares DB Gold Fund (NYSEArca: DGL)
SPDR Gold Shares
For more information on gold, visit our gold category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own GLD.