IAUI: Monthly Income Helps In A Range-Bound Gold Market, But NAV Erosion Keeps It A Hold
· seekingalpha.com
Hold-rated IAUI outlook: gold may stay range-bound/moderately bullish; fund may suit income investors but risks NAV erosion and capped upside. Learn more about IAUI ETF here.
My short-term view on gold is positive but not aggressively bullish. After a strong rally and subsequent correction, I expect gold to trade in a range-bound to ...