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REDDIT

Gold ETFs in USD vs EUR: Am I taking a big risk?

O
Jan 29, 2026 · 17:15

I currently hold a significant amount of gold ETFs: IAU and GLD.

With the recent dollar crashing and political / world chaos due to Trump and the US gov, I’m concerned about the currency risk (also since I live in the eurozone).

Do you think it’s wise to switch to a euro-denominated gold ETF instead? I’m looking for perspectives on managing this risk and balancing the portfolio.

Any insights would be appreciated!