GLD - SPDR Gold Shares
| Previous Close | 123.68 |
| Open | 123.93 |
| Bid | 124.08 x 1000 |
| Ask | 0.00 x 1100 |
| Day's Range | 123.73 - 124.22 |
| 52 Week Range | 111.06 - 129.47 |
| Volume | 5,874,016 |
| Avg. Volume | 8,513,804 |
| Net Assets | N/A |
| NAV | 123.85 |
| PE Ratio (TTM) | N/A |
| Yield | N/A |
| YTD Return | N/A |
| Beta (3Y Monthly) | N/A |
| Expense Ratio (net) | N/A |
| Inception Date | N/A |
Market Realist•2 days agoCould Gold Prices Rise as Market Concerns Increase?
Could Gold Prices Rise as Market Concerns Increase?(Continued from Prior Part)Fed’s dovish stanceThe markets have been cautious since the Fed’s two-day policy meeting ended on March 20. The Fed signaled no rate hike in 2019 and an end to balance
- Market Realist•2 days ago
Weak Eurozone PMI Data Rattle Markets, Gold Gains
Could Gold Prices Rise as Market Concerns Increase?Gold prices gain due to weak Eurozone data On March 22, gold prices (NUGT) have been gaining due to safe-haven bids led by weaker-than-expected economic data from the Eurozone (HEDJ). The data
- Market Realist•3 days ago
Will John Paulson Reconsider the Newmont-Goldcorp Merger?
John Paulson Opposes the Newmont-Goldcorp Merger(Continued from Prior Part)Newmont-Goldcorp merger After the Newmont Mining (NEM) and Goldcorp (GG) merger was announced, investors were disappointed with the proposed premium announcement by Newmont
- ETF Database•3 days ago
Demand for Gold ETFs Increases to Diversify a Portfolio
In the current market environment, investors are looking to gold ETFs as a way to diversify a traditional stock and bond portfolio.
- TheStreet.com•3 days ago
How to Buy Gold: Six Tips and Reasons to Buy in 2019
Learning how to buy gold is a worthwhile endeavor, as the precious metal is a Swiss army knife, from a financial point of view. Gold is extremely rare. Gold doesn't lose its quality and structurally, will never decay.
- ETF Trends•4 days ago
Gold ETFs Rise Following Fed Rate Decision
Following the Federal Reserve's decision to keep rates flat, gold exchange-traded funds (ETFs) like the SPDR Gold Shares (GLD) and SPDR Gold MiniShares (GLDM) gained as the dollar fell. In move that was widely anticipated by most market experts, the Federal Reserve on Wednesday elected to keep rates unchanged, holding its policy rate in a range between 2.25 percent and 2.5 percent.
- Investopedia•4 days ago
3 Securities to Watch After the Fed Decision
Banks, precious metals and cyclicals could offer profitable clues about price direction after Wednesday's rate decision.
- Market Realist•4 days ago
How Do Gold Miners’ Leverage Ratios Look?
Which Gold Miners Are in Sound Financial Health after 2018?Leverage ratiosIn the gold mining space, it’s important for investors to look at the companies’ DE (debt-to-equity) ratio. A company’s DE ratio shows the DE mix in its capital
Market Realist•5 days agoThese Assets Could Be Attractive If Fed Rethinks Inflation Course
What Are Markets Expecting from Fed’s Policy Meeting?(Continued from Prior Part)Fed’s inflation targetThe Federal Reserve’s two main objectives are stabilizing prices and maximizing employment. The Fed’s inflation target has been 2% for a
Market Realist•9 days agoHow Gold Miners’ Costs Stack Up
Which Gold Mining Stocks Could Have Upside Potential in 2019?(Continued from Prior Part)All-in sustaining costs and gold minersAISC (all-in sustaining costs) is an encompassing measure that helps investors compare performances of gold miners. It
- Market Realist•9 days ago
Gold Miners Fell Short of Replacing Their Reserves in 2018
Which Gold Mining Stocks Could Have Upside Potential in 2019?(Continued from Prior Part)Reserve replacement To achieve production growth in the long term, gold miners (GDX) (GDXJ) have to replace every ounce they take out of the ground. Therefore, to
ETF Database•10 days agoTrending: Transport Equities Up Despite Lack of Progress on Trade
Transport equities have rebounded of late as the asset category is trading at the lowest valuation in a long time. The advance earned transport stocks the first place in the list and were followed by bonds, which saw falling yields lately as risks to the global economy increased. Africa equities took the middle spot and were followed by the European shared currency, which was hit by a strong dollar and a dovish European Central Bank. Silver closes the list. Check our previous trends edition at Trending: Palladium Shoots up on Supply Shortages and Strike Fears.
- Market Realist•10 days ago
Which Gold Mining Stocks Could Have Upside Potential in 2019?
Which Gold Mining Stocks Could Have Upside Potential in 2019?Gold’s performance YTDThe SPDR Gold Shares ETF (GLD), which tracks physical gold prices, has underperformed the broader markets. Compared to GLD’s gain of 0.8%, the SPDR S&P 500
- Market Realist•12 days ago
Barrick Gold Withdraws Hostile Acquisition Bid for Newmont
Newmont-Goldcorp Merger: What to Expect from Combined Company(Continued from Prior Part)Barrick’s hostile bid for Newmont On February 25, Barrick Gold (GOLD) put in an unsolicited bid to acquire Newmont Mining (NEM), which did not offer any premium
- MarketWatch•12 days ago
Gold ends higher in delayed settlement; CME blames ‘technical issue’ for late finish
Gold prices gain Tuesday, recouping most of the previous session’s losses, with the dollar weakening in the wake of monthly U.S. inflation data, as investors watch the outcome of a vote by U.K. lawmakers on Prime Minister Theresa May’s Brexit plan, which came after the finish for bullion.
Market Realist•12 days agoWhy Are Analysts on the Sidelines about Goldcorp?
Newmont-Goldcorp Merger: What to Expect from Combined Company(Continued from Prior Part)Analysts’ ratings for GoldcorpCurrently, 17 Wall Street analysts are covering Goldcorp stock. 47% recommend a “buy,” and 47% recommend a “hold.” The
- ETF Trends•12 days ago
Global Central Banks Are Gobbling up Gold
Gold exchange traded funds such as the SPDR Gold Shares (NYSEArca: GLD) have given up some ground in recent days, but data suggest global investors and central banks remain fond of bullion. Ongoing concerns ...
- ETF Trends•16 days ago
Global Gold ETF Holdings Experience 2% Growth YTD
Gold exchange traded funds such as the SPDR Gold Shares (NYSEArca: GLD) have recently traded lower, but despite outflows, global gold-backed ETF holdings are still up 2% on the year. It appears strategic ...
- ETF Trends•16 days ago
Gold, Miners, Metals Gain as Investors Get More Defensive
The Dow Jones Industrial Average could close the trading week with its fifth straight losing session on Friday, but defensive-minded investors are taking action through precious metals and miners. The ...
- Zacks•16 days ago
Growth Worries Resurface as Bulls Turn 10: 5 ETF Buying Zones
Given the latest economic developments, investors should stash their cash in some safe investing zones. We have highlighted them and their ETFs here.
- ETF Database•16 days ago
As Investors Get More Defensive, Look to Gold, Miners, Metals ETFs
The Dow could record its fifth straight losing session today, but defensive-minded investors are taking action through gold, other precious metals and miners.
- Investor's Business Daily•16 days ago
3 Ways To Play Gold As Global Uncertainty Spurs Rally
Global uncertainty since late last year has spurred a renewed appetite for gold and gold-backed ETFs among investors looking for a safe-haven asset.
- InvestorPlace•17 days ago
Strike Gold in Vaneck Vectors Gold Miners and SPDR Gold Trust
It's a new bull market. But the one I'm referring too isn't focused on possible algo-driven "FOMO" and the likes of the S&P 500. This bull is all about a more sustainable rally occurring under-the-radar in Vaneck Vectors Gold Miners ETF (NYSEARCA:GDX) and SPDR Gold Shares (NYSEARCA:GLD). And for investors and gold bugs alike, it's in position to be bought today using either GDX stock or GLD. Let me explain.Source: Shutterstock It has been quite the rally for the broader market. A punishing corrective move of a couple months abruptly stopped in its tracks in late December and has gone on to establish a historic and an almost equally dizzying V-shaped bottom pattern. Chalk it up to FOMO or the "fear of missing out" in today's much faster markets driven by algorithms or maybe Wall Street's pervasive attention deficit disorder as well.But it's another solid price move in GLD stock and GDX shares that's received a good deal less media coverage which looks like the real deal for investors of all types wanting to smartly diversify at opportunistic prices in today's market. Bottom line or in this case and as I'll show, the squiggly price lines in GLD and GDX are looking technically "golden" right now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips GDX Stock Monthly Chart Late 2018 delivered a bit of a reality check for stock market investors programmed over a decade that buying the dip was a viable strategy for easy and linear profits in their favorite companies such as Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN) or a smaller growth play like Roku (NASDAQ:ROKU). Still, as the longer-term monthly chart in GDX continues to emphasize, that temporary painful lesson in the broader market pales by comparison. * 7 Dow Jones Stocks to Buy Over the same period since the financial crisis ended, a quick look at GDX stock's monthly chart shows a couple multi-year bottoms and shares nowhere near their highs. In fact, gold stocks are off about 67% from the ETF's all-time-high of $66.98 set in September 2011.The good news in all of this is the sizable base-building period has established a couple significant double-bottoms good for flushing out all but the most die-hard of gold bugs. What's more, the price action has also broken a couple equally important downtrend lines in the process. GDX Stock Daily ChartDrilling down into GDX stock's price action on the daily chart, the even better news is that investors can buy into a promising new bull market at value prices, technically speaking. Currently, GDX appears to be bottoming as it tests its prior highs, up-channel and the 38% Fibonacci support level following a pullback of a couple weeks in length. Shares are also oversold based on the stochastics indicator. That's technically appealing in our view.The suggested strategy is to go long GDX stock above $22, set a blended money and technical stop below $21 and look to take initial profits at $24, where a bit of channel resistance should come into play. GLD Stock Daily Chart For investors wanting more of a pure play rather than the companies using the shovels to dig for gold, the GLD ETF looks similarly compelling on the daily price chart. The gold proxy has also held its value over the past decade better than GDX with shares 'only' off by around 35% since hitting its own high in September 2011 and which might also be of interest to some investors.With shares currently oversold and having pulled back fill a price gap and test channel and the 38% retracement level, all that's left in our estimation is a purchase above $122. That would signal a bullish reversal of a multi-day doji pattern that's formed.I'd set a stop in GLD stock below $120.70. That gives a bit of modest wiggle room to invalidate the potential bottom while also keeping exposure contained to a scant 1%. And on the upside? As with GDX stock, potential channel resistance near $128 looks "golden" for taking initial profits.Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks That Should Be Worried About a Data Dividend * 5 Cheap ETFs Worth Considering * 7 Cheap Stocks Under $5 That Could Soar Compare Brokers The post Strike Gold in Vaneck Vectors Gold Miners and SPDR Gold Trust appeared first on InvestorPlace.
- ETF Trends•18 days ago
Renewed Risk Appetite Weighs on Gold ETFs
Even as stocks stumbled Monday, the SPDR Gold Shares (NYSEArca: GLD), the world’s largest gold ETF, and rival gold funds closed modestly, extending losses accrued over the past week. During that time, ...
Market Realist•19 days agoCould Warren Buffett’s Views on Bitcoin Change?
How Warren Buffett’s Investment Philosophy Has Evolved(Continued from Prior Part)Warren BuffettBerkshire Hathaway (BRK-B) chair Warren Buffett has never been a fan of cryptocurrencies like bitcoin. Last year, Buffett called bitcoin a “rat
