Interest rates have been high for a while, but just last month, things started to change. That's when the Federal Reserve finally adjusted its policy, opting to reduce its federal funds rate for the first time in years.The Fed is largely expected to cut rates further in November and December, which could impact where you put your investment dollars in the coming months.
Find out more about the value that gold can offer.Gold ETFsGold exchange-traded funds — specifically those that are invested in physical gold — can be a good way to diversify in times of lower interest rates, when risk might heighten in other asset classes.'If the investor is purchasing gold as a diversifier, especially during times of economic uncertainty, they may use gold or silver ETFs to provide access to the asset class and support their portfolios,' Mediate says.