Traders watching the gld stock price forecast note option market activities skewed toward call contracts, indicating bullish sentiment tied to central bank gold buying data from emerging economies. Inflation surged in 2022 because of easy money policies to reduce unemployment during COVID lockdowns. A global supply chain disruption when the Ever Given was grounded in the Suez Canal didn't help, causing prices to skyrocket. Gold is one of the most vital metals in the world and a unique asset, with the ability to enhance portfolio diversification, act as store of value, and hedge against systemic risk. VanEck has long been considered a leader in gold-related investments and has been managing gold funds since 1968, including the nation’s first open-ended gold equity mutual fund.
