GLD - SPDR Gold Shares
| Previous Close | 138.43 |
| Open | 138.52 |
| Bid | 139.01 x 1800 |
| Ask | 139.02 x 1000 |
| Day's Range | 137.98 - 139.21 |
| 52 Week Range | 117.35 - 146.82 |
| Volume | 6979801 |
| Avg. Volume | 7,789,738 |
| Net Assets | 42.03B |
| NAV | 138.12 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Daily Total Return | 14.00% |
| Beta (5Y Monthly) | -0.04 |
| Expense Ratio (net) | 0.40% |
| Inception Date | 2004-11-18 |
- Yahoo Finance Video
Investors are flocking to gold - how high can it go?
Gold prices over the last year have jumped nearly 20%, having some investors think we're in a modern day gold rush. Gold is on track for its best year in a decade and in a recent note Goldman Sachs expects it will only go higher. Yahoo Finance’s Myles Udland joins the On the Move panel to break it down.
- ETF Trends
2 Leveraged ETFs for Gold Miner Trading
With market volatility having dampened considerably since the beginning of the year, as stocks trade near all-time highs, the SPDR Gold Shares (GLD) , the largest gold ETF, and other gold-backed ETFs are trading lower this quarter. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts including Sabine Schels said in a recent note, reports Bloomberg.
- ETF Trends
Gold Likely to Shine Brighter in 2020, Says World Gold Council
Risk off–risk on market sentiment throughout 2019 has helped drive a positive price trend for gold, according to the World Gold Council, but larger macro-economic shifts have influenced some of gold’s typical supply and demand chains–making for some shorter term price volatility marked with rallies and pullbacks. ETF Trends CEO Tom Lydon moderated the webcast, which featured George Milling–Stanley, Chief Gold Strategist, State Street Global Advisors; Alistair Hewitt, Director, Head of Market Intelligence, World Gold Council; and Juan Carlos Artigas, Director, Investment Research, World Gold Council.
- Yahoo Finance
Gold is going to $2,500, $3,000 an ounce: investment expert
Demand for physical gold is peaking sending prices.
- ETF Trends
Goldman Giddy For Gold And That’s Good For ETFs
The SPDR Gold Shares (GLD) , the largest gold ETF, and other gold-backed ETFs are trading lower this quarter, but some major Wall Street banks see more gains coming for bullion in 2020. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts including Sabine Schels said in a recent note, reports Bloomberg. In fact, some commodities market observers believe the yellow metal can continue delivering solid showings in 2020.
- Market Exclusive
Market Morning: Virgin Rocket, Blain Bashes Tesla, Softbank Bails on Wag, Banks Fret on Repo
Virgin Galactic Explodes Higher On Space Flight Hopes Virgin Galactic (NYSE:SPCE) shares are rocketing back into space, or at least to a $9.66 handle at time of writing, on the back of a Morgan Stanley (NYSE:MS) report predicting that shares could climb to $60 if the company executes its business goals. Basically, it wants to […]The post Market Morning: Virgin Rocket, Blain Bashes Tesla, Softbank Bails on Wag, Banks Fret on Repo appeared first on Market Exclusive.
- Reuters
TABLE-Holdings of SPDR Gold unchanged, iShares Silver drop
Dec-09 11,561,001.30 Dec-09 1,616,585.00 Dec-09 646,444.00 Nov-29 88,459.40
- Yahoo Finance
The world's super-rich are hoarding physical gold
Distrust of banks and governments has high net worth individuals buying bullion and storing them in their vaults.
- ETF Trends
Gold ETFs Can Shine Brightly Again in 2020
The SPDR Gold Shares (GLD) , the largest gold ETF, and competing gold ETFs tumbled Friday on the back of a surprisingly strong November jobs report, but that doesn't mean these funds are about to turn bearish. In fact, some commodities market observers believe the yellow metal can continue delivering solid showings in 2020. Bullish gold traders didn’t get the news they wanted when the most recent Federal Reserve minutes revealed that more rate cuts may not be on the horizon, which could feed into lower gold prices.
- MarketWatch
Big U.S. banks' reluctance to lend may have caused repo-market shock: BIS
An unwillingness among the four leading U.S. banks to lend cash, combined with a surge in demand from hedge funds for secured funding, could explain the spike in U.S. money market rates and the sudden stress in the repo market beginning in September, the Bank for International Settlements said in a report dated Monday. Cash available to banks for short-term needs, also known as the repo market, all but disappeared in September, and some rates shot as high as 10% on certain overnight loans, which forced the Federal Reserve to make an emergency injection of billions of dollars for the first time since the global financial crisis roughly a decade ago. The major banks were not named in the report. The researchers conceded that the exact cause of the sudden stress is unknown but they reasoned that the factors could have ranged from large withdrawals for quarterly tax payments to the knock-on effects of sizeable trades in U.S. Treasuries. The BIS analysts emphasized that a growing over-reliance on the biggest U.S. banks to keep the repo market functioning may have been the leading factor. The Fed's ongoing efforts to shore up the short-term repo lending markets have begun to rattle some market experts, as interventions have stretched to a third month.
- Zacks
Gold to Shine in 2020: ETFs to Consider
We have highlighted some solid reasons why gold will remain strong next year.
- ETF.com
ETF Pioneer Jim Ross On Legacy, Lessons Learned
One of the founders of the ETF structure shares his experience as he prepares to retire.
- CorpGov.com
U.S. Money Reserve CEO Angela Roberts: How to Make Corporate Governance as Good as Gold
U.S. Money Reserve CEO Angela Roberts By John Jannarone As CEO of U.S. Money Reserve, Angela Roberts believes she has a responsibility to positively influence the professional and personal lives of employees at every level, a lesson she learned many years ago from a mentor at a previous company. She spoke to CorpGov about her […]
- MarketWatch
Chart watcher says, ‘Don’t fall asleep on gold’ as it gears up for another run
Exuberance over gold is fading — and that’s good news for bulls, says technical analyst Jeff deGraaf.
- ETF Trends
5 ETFs to Consider When Volatility Spikes
The Cboe Volatility Index is widely used as an indicator of measuring the ebbs and flows of volatility in the markets. iShares Gold Trust (IAU) : seeks to reflect generally the performance of the price of gold and the performance before payment of the Trust’s expenses and liabilities. The Trust does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of gold.
- Zacks
Fearing a Replay of December 2018? ETF Strategies to Try
Wall Street is off to an awful start to December, thanks to renewed trade tensions. These ETF strategies can come to your rescue.
- Zacks
November ETF Asset Report
Inside the ETF asset report for the month of November when U.S. key index ETFs ruled and treasuries lost.
- ETF Database
Buy on the Dip Prospects: December 4 Edition
Below is a look at ETFs that currently offer attractive buying opportunities. The ETFs included in this list are rated as buy candidates for two reasons. First, each of these funds is deemed to be in an uptrend based on the fact that its 50-day moving average is above its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading below its five-day moving average, thereby offering a near-term 'buy on the dip' opportunity, given the longer-term uptrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
- Zacks
Safe-Haven ETFs Back in Demand on Trade Gyrations
We have highlighted five zones and their popular ETFs where investors could stash their money amid escalating trade war.
- Zacks
Is it Time to Buy Gold ETFs?
Gold lost its sheen in November on risk-on trade. Despite the slide, the precious metal has been up more than 13% so far this year.
- ETF Trends
Gold Holds Steady After Weak U.S. Manufacturing Data
Weak manufacturing data helped to keep gold prices steady in Monday’s trading session following last week’s Thanksgiving holiday. As U.S. equities were reaching highs in major indexes like the S&P 500 and Nasdaq Composite, gold prices were feeling downward pressure from a renewed risk-on investor sentiment. ISM Manufacturing data released on Monday showed that manufacturing activity lagged in the month of November following a decline in inventories and new orders.
- Market Exclusive
Market Morning: Trade Deal Scuttled, French Cheese Wars, Gronk Picks CBD over NFL
So Much For A Christmas China Trade Deal The signing of the Hong Kong Human Rights and Democracy Act of 2019 had already put the prospects of a US trade deal with China in jeopardy, and now it seems that the chances of a deal by the end of the year have been completely scuttled. […]The post Market Morning: Trade Deal Scuttled, French Cheese Wars, Gronk Picks CBD over NFL appeared first on Market Exclusive.
- Reuters
Gold prices tread water despite Trump's Latam tariffs
Spot gold was unchanged at $1,462.58 per ounce by 0803 GMT. U.S. gold futures fell 0.1% to $1,468.20. Trump on Monday announced tariffs on U.S. steel and aluminium imports from Brazil and Argentina "effective immediately", opening new fronts in his trade war.
