Zacks' Analyst Blog highlights gold ETFs such as GLD, IAU, GLDM and IAUM, and gold miner ETFs including GDX, SGDM and SGDJ, arguing they still make sense for long-term investors. Gold is down about 4.24% year to date in 2026 after a strong 2025, weighed by a stronger U.S. dollar and the Fed's hawkish stance, while ETF inflows and central bank buying provide structural support. Citing Yahoo Finance, UBS sees near-term headwinds potentially pulling gold toward $4,000, but projects $4,600 by December, $5,000 in March, $5,200 in June and $5,400 by September 2027. According to the World Gold Council, central banks bought about 289 tons in the second quarter, up 62% year over year, and global gold ETFs drew a record $31 billion of third-quarter inflows, lifting holdings to a record 4,256 metric tons. The People's Bank of China bought about 23 metric tons in September, and China imported more than 1,000 metric tons of gold in the first eight months of the year.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/14/2026 | 4,105.49 |
| Change that session | -1.33% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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