Gold ETFs Hit Record Highs Amid Geopolitical Tensions; What's Next for Yellow Metal?

• Gold ETFs surged up to 9% to fresh record highs on January 20, mirroring the sharp rise in gold prices.
• Gold futures crossed Rs 1.5 lakh/10 grams, with February expiry hitting Rs 1,50,360 and April/June expiries reaching Rs 1,58,200 and Rs 1,62,299 respectively.
• The surge is attributed to escalating geopolitical tensions, specifically President Trump's threats to annex Greenland and new tariffs on European nations.
• Experts like Tim Waterer and NS Ramaswamy highlight Trump's 'disruptive' policies and global uncertainties as key drivers for precious metals.
• HDFC Securities recommends a long-term bullish outlook for gold and silver, advising investors to allocate 10% of their portfolio to precious metals, with SBI Gold ETF and HDFC Gold ETF as top picks.

Why It Matters: Gold ETFs and prices hit record highs driven by geopolitical tensions and Trump's policies, with a bullish outlook.