Performance of Gold-Related ETFs in Korea and the U.S. Amid Rising Gold Prices
As international gold prices reach record highs, gold-related ETFs in both Korea and the United States have posted significant returns over the past month. In the Korean market, 'HANARO Global Mining Companies' led with a return of 17.60%, while 'KODEX Gold Futures(H)' and 'TIGER Gold Futures(H)' saw increases of 10.68% and 10.32%, respectively. The U.S. market, meanwhile, witnessed 'WisdomTree Gold + Gold Mining Strategy (GDMN)' soaring by 29.06%, securing a remarkably high return.
The key drivers behind the recent rise in gold prices include uncertainties surrounding tariff policies under the Trump administration and concerns over economic slowdown. Subsequently, gold's spot price on the New York Mercantile Exchange soared to an unprecedented $3,342.49 per ounce. The domestic gold market is also feeling the impact, as gold-related ETFs and ETNs are achieving high returns. Notably, ACE Gold Futures Leveraged ETF recorded a 65.21% return over the past year, while SOL Gold Covered Call Active ETF accumulated a 10.80% return since its March listing.
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