Latest evidence-based view
IAU · HOLD
IAU (iShares Gold Trust) packages direct exposure to precious-metal prices rather than operating revenue. One-month (+7.83%) and three-month (-2.52%) evidence is not decisive enough for a directional call.
IAU currently supports a wait stance.
One-month (+7.83%) and three-month (-2.52%) evidence is not decisive enough for a directional call.
The opposing case is clear: It produces no operating cash flow while prices stand still. The 0.25% annual expense ratio is deducted throughout ownership. The stance remains tied to the observed price trend.
Use staged sizing and reassess when the one- and three-month trends no longer support this stance.