Q: Morning
XGD has done well in 2025
Please comment on possible return for 2026
Thank you
XGD has done well in 2025
Please comment on possible return for 2026
Thank you
5i Research Answer:
Conditions remain good for gold. These include geopolitical tensions, a weak US dollar, central bank buying, lower interest rates and some supply issues (lower grades). We would expect good things from XGD, but not as good as last year (134%).