For Goldman analysts, gold’s rally above $1,500 is just the beginning.
Gold has struggled to hold onto its gains in 2018 as the dollar strengthens and borrowing costs in the U.S. rise.
SPDR Gold saw net inflows of $396 million in the first three months of the year.
The specter of inflation is making commodity ETFs an easier sell.
Precious metals remain a bright spot.
Proposed fund would enable investors to surrender shares in exchange for the physical metal.
After lagging behind other precious metals last year, platinum is finally outperforming.
The trades jolted the market, which has seen 60-day historical volatility languishing near the lowest since 2001.
Headwinds have hit silver with gale force, spurring an exit from ETFs backed by the metal.
Money is piling into gold amid concerns over the U.S. economy.