ETF provider: L and G

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

There seems to be no trade deal between the US and China. A trade war between the US and the EU can start on Friday. More importantly, central banks and especially the FED are increasingly stimulating.

ETF provider: L & G

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

Despite the fact that yesterday the ECB started to boost considerably a fall in the gold price. This decrease was due to a reduced tension around the trade war. For the longer term, however, the extra central bank stimulation is especially important for the gold price. If the FED starts to stimulate more next week, the gold price will rise considerably.

Provider ETF: L & G

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

The gold price is in a bull market. Central banks are ready to stimulate more in the coming years. This stimulation will ensure a higher gold price. The FED still has room to lower interest rates. The dollar will fall due to these interest rate cuts. A low dollar is good for the gold price.

ETF provider: ETF Securities

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

Yesterday an interest rate cut by the FED. The FED also stops reducing the balance. This should have been good news for the gold price. However, the FED indicated that the interest rate cut is probably an one-off. The dollar rose and that is also not good for the gold price. I expect the Fed to lower interest rates more often this year. That is good for the somewhat longer term. The dollar is more important in the short term. In recent weeks, the US government has been talking about lowering the dollar. The US government has those resources. Last week it was decided not to do that for the time being. Now that the FED decision is over and the dollar on FED statements continues to rise, the need to do something about that high dollar will increase. If the dollar gets lower, the gold price rises sharply. So 2 reasons to buy this ETF now. More stimulation in the longer term and probably measures to lower the dollar in the short term.