Geopolitical Instability Fuels Metal Investment Frenzy
Recent geopolitical tensions and increased demand for safe-haven investments have directed funds towards precious metal ETFs such as gold, silver, and copper. Gold prices have reached an all-time high at the New York Mercantile Exchange, reinforcing its status as a secure investment. Silver and copper prices are also experiencing significant rises due to competition between the US and China in securing mineral resources.
Additionally, tensions between the US and Europe regarding Greenland are contributing positively to the surge in gold prices. The domestic gold-related ETF market has seen substantial capital inflows, with 'ACE KRX금현물' and 'TIGER KRX금현물' ETFs being the main beneficiaries. Notably, the 'ACE KRX금현물' ETF received 2,816 billion, and the 'TIGER KRX금현물' ETF saw inflows of 770 billion.
This scenario clearly illustrates investors' preferences for safe-haven assets and reiterates that geopolitical risks are primary considerations in the investment landscape. Similar trends are also observed in silver and copper markets, warranting attention to potential developments in these industries.
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