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GLD at R638.49 remains a solid play for gold exposure given the fund's liquidity and tight tracking of the…by @mogale_morning on $GLD

MO
Mogale K.@mogale_morning·MemberNeutral

GLD at R638.49 remains a solid play for gold exposure given the fund's liquidity and tight tracking of the bullion price, though the rand strength against the dollar does weigh on returns for local investors. Long-term, I reckon it's more of a hedge than a growth vehicle - useful

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