|Bid||30.41 x 4000|
|Ask||30.45 x 2200|
|Day's Range||30.09 - 30.88|
|52 Week Range||28.83 - 40.13|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-9.98%|
|Beta (5Y Monthly)||0.72|
|Expense Ratio (net)||0.51%|
Gold is commonly utilized by investors as a hedge against market risks such as inflation and geopolitical turmoil. Investors looking for exposure to this safe-haven asset have several options, including investing in gold bullion directly or buying gold futures contracts.
Inflation reached its highest level in more than 30 years, and gold responded by bursting through the previous resistance level at $1,835 per ounce on Nov. 10. The October CPI number showed a 6.2% increase year over year. Source: Shutterstock Core inflation, which excludes energy and food, rose 4.6%, the fastest rate in 30 years. Food prices are up 5.3% year over year, marking the largest increase since January 2009, while gas prices rose 6.1%, the largest increase since March. Inflation Isn’t T
Dividends are only available with equity-based gold ETFs that invest in the stocks of companies engaged in the gold industry. Here's a look at some.