Interview: Gold has passed $3k. VanEck thinks it can keep going
Gold is having a record breaking run right now, with the price of the precious metal surging well past $US3,000 an ounce. Gold has long been seen as a safe option - and the boom reflects the volatility in global markets at the moment. One of the main ways Australians invest in gold is through ETFs - Exchange Traded Funds. VanEck offers an ETF in this space called NUGG, focusing on Australian gold. Cameron McCormack, Senior Portfolio Manager at VanEck, talks to Sean Aylmer about the surge in gold, VanEck's bullion holdings in the Perth Mint, and why the precious metal might still have further to climb. This is general information only, and you should seek professional advice before making investment decisions. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.
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