IAU News Explorer

Gold prices have been on a tear all year, but the love hasn't transferred to exchange-traded funds that invest in the precious metal. But now, the tides are turning.

Gold prices have reached record highs this week amid uncertainty surrounding the upcoming election as well as the continued growth in the U.S. national debt and fiscal deficits.

Goldman Sachs analysts say gold is the firm's preferred commodity as it sits near its two-week high in price.