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Why safe haven gold ETFs are soaring as Trump-Xi trade talks loom

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Gold ETFs, widely regarded as safe havens when equities are expected to fall, are soaring in tandem with the precious metal itself even as stocks reach record highs. The SPDR Gold Shares ETF (GLD), VanEck Vectors Gold Miners ETF (GDX), SPDR Gold Minishares Trust (GLDM), iShares Gold Trust ETF (IAU) and the GraniteShares Gold ETF (BAR) have all taken off over the past month as gold reaches highs not seen since 2013, according to Barron’s.
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