GLD - SPDR Gold Shares
113.70 0.00 (0.00%)
After hours: 4:51PM EST
| Previous Close | 113.66 |
| Open | 113.72 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 1100 |
| Day's Range | 113.42 - 113.93 |
| 52 Week Range | 111.06 - 129.51 |
| Volume | 9,309,074 |
| Avg. Volume | 7,722,490 |
| Net Assets | 29.44B |
| NAV | 114.93 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | -6.87% |
| Beta (3Y Monthly) | 0.15 |
| Expense Ratio (net) | 0.40% |
| Inception Date | 2004-11-18 |
Market Realist•2 days agoWhy Iron Ore Is Bucking Falling Price Trends Unlike Other Metals
Since the start of this year, there has been a severe fall in the prices of almost all commodities (COMT) like copper, nickel, lead, cobalt, and gold (GLD). Factors such as the stronger US dollar (UUP), higher interest rates, weakness in emerging markets, and increasing trade tensions have been the major reasons for the slump in commodities. The trade war has started taking its toll on China (FXI), which is a negative for commodities, as China is the mainstay for many commodity producers.
Market Realist•2 days agoAs Positive Catalysts for Gold Emerge, Which Miners May Benefit?
Gold miners as a whole are looking inexpensive compared to broader equities. The average ratio of the NYSE Arca Gold Miners Index (GDX) and the S&P 500 Index (SPY) is 0.20 compared to the ten-year average of 0.68. While broader equities’ valuations have continued to increase, the valuations of gold stocks haven’t kept the pace, and the ratio has fallen.
- MarketWatch•4 days ago
Billion-dollar monthly boost in exchange-traded fund gold holdings offer ray of hope for downbeat metal
Exchange-traded funds backed by gold increased their holdings by $1 billion in October, marking a possibly bullish shift in investor sentiment toward the precious metal.
- Barrons.com•4 days ago
In Bullish Shift, Investors Start Buying Gold ETFs
After months of net selling, the funds increased their holdings of gold in October as stocks sagged. New support for the precious metal.
- ETF Trends•4 days ago
What to Expect From Gold ETFs After the Elections
Waiting on commentary from the Federal Reserve, gold exchange traded products, including the SPDR Gold Shares (NYSEArca: GLD), traded slightly lower Thursday. Some market observers believe gold could struggle ...
Market Realist•5 days agoKey Highlights from IAMGOLD’s Q3 2018 Earnings
IAMGOLD (IAG) generated revenue of $244.8 million in the third quarter, a YoY (year-over-year) fall of 9%. The fall was the result of both lower realized gold prices and lower sales and volumes at the Rosebel and Westwood mines.
Market Realist•5 days agoWhat Would It Take to Restore Investors’ Confidence in IAMGOLD?
IAMGOLD (IAG) reported its third-quarter earnings results after the market closed on November 6. It reported EPS of -$0.01, in line with analysts’ consensus estimate. Its revenue, however, missed expectations, coming in at $244.8 million compared to the consensus estimate of $266 million.
Market Realist•5 days agoAnalyzing China’s October Trade Data
On November 8, China released its trade data for October. The country’s trade data have received even more scrutiny this year amid the US-China trade war. The world’s two largest economies have been involved in a bitter trade war. They have imposed tariffs on billions of dollars of products.
- Market Realist•6 days ago
Is the Barrick-Randgold Merger Enough of a Reason to Bet on ABX?
The rises in Barrick Gold’s (ABX) and Randgold Resources’ (GOLD) stock prices following their merger announcement suggest that investors are happy with the merger and its potential synergies. On November 5, more than 99% of ABX’s shareholders approved its all-stock acquisition of GOLD. The question, however, remains as to whether the issues ailing Barrick Gold will all go away with this merger.
- Market Realist•7 days ago
Why Barrick Gold’s Financial Leverage Isn’t Much of a Concern Now
Some miners (GDX), including Barrick Gold (ABX), Newmont Mining (NEM), and Kinross Gold (KGC), were especially affected by peak cycle acquisitions and the resulting write-downs. Most of this debt reduction has been driven by the sale of its noncore assets. At the end of the third quarter, Barrick Gold’s total debt was $5.7 billion compared to $6.4 billion at the end of the first quarter.
- ETF Trends•7 days ago
Gold ETFs Showed Their Luster in October
After a tumultuous month that sent U.S. equities reeling in risk-off selling, gold and related exchange traded funds benefited from a flight to safety, with the precious metals market experiencing a significant ...
Market Realist•7 days agoGold and Gold Miners Have Recovered in October
Barrick–Randgold Sets the Bar for Future Gold MergersVan Eck Gold Consolidated, Gold Stocks Declined, But Positive Trends Emerge
- MarketWatch•7 days ago
Charting the S&P 500’s November bounce ahead of U.S. midterms
Technically speaking, the U.S. markets’ lukewarm November rally attempt is intact, writes Michael Ashbaugh.
- Investor's Business Daily•12 days ago
Track Stock Market Prices On The S&P 500, Nasdaq, Dow Jones And SPDR ETFs
Stay on top of the latest stock market prices on the Dow Jones, S&P 500 and Nasdaq. Plus, follow SPDR ETFs, 10-year Treasury yields and market volatility.
- Market Realist•11 days ago
October US Wage Growth Was Highest since 2009: Markets React
The US jobs report for October was released on November 2. The strong job additions came after lackluster September additions of 134,000, which were further revised downward to 118,000 in October. The unemployment rate remained steady at 3.7% in October.
- MarketWatch•12 days ago
Gold settles at a more than 3-month high a day after posting a 3-week low
Gold prices rally Thursday, settling at their highest in more than three months—just a day after posting a three-week low—as a leading dollar index suffers a sharp retreat.
- Kiplinger•13 days ago
How Oil and Gold Help Your Portfolio
Owning gold or oil -- or both -- can even out the volatility of a stock-heavy portfolio.
- Market Realist•13 days ago
Will October US Jobs Report Add to Investors’ Worries?
The Department of Labor is scheduled to release October data on US (VTI) employment on November 2. For the past few months, financial markets have been reacting sharply to the US jobs report numbers. Plus, the markets have been especially jittery lately due to interest rate hike fears, and the job numbers can give clues about the Fed’s future monetary policy. Therefore, investors should understand the expectations for the report before the actual numbers come out. The October jobs report could be important data for the Fed to consider before its December policy meeting, where the committee is expected to raise rates (TLT) by another 25 basis points in addition to the three hikes it already made in 2018.
- MarketWatch•13 days ago
Gold falls to 3-week low, but notches solid monthly gain
Gold prices ended around a three-week low Wednesday, on the back of a stronger dollar and a bounce for beaten-down equities, but month-to-date losses for benchmark U.S. stock indexes have helped to pull prices for the precious metal up in October. U.S. economic data Wednesday mark “a return to risk-on equities,” with much stronger ADP October jobs’ numbers leading gold lower, said Jeff Wright, executive vice president of mineral exploration company GoldMining Inc.
Market Realist•15 days agoOutlook: IAMGOLD’s Stock Momentum after Its Q3 2018 Results
IAMGOLD (IAG) was the best-performing gold stock of 2017, returning 51.4% for the year. It significantly outperformed the VanEck Vectors Gold Miners ETF (GDX) as well as the SPDR Gold Shares ETF (GLD). Although it hasn’t performed as well in 2018, its operating performance has been strong.
- MarketWatch•15 days ago
Gold ends at 1-week low on dollar strength, U.S. stock market gains
Gold prices on Monday mark their lowest finish in a week, as strength in the dollar and gains in U.S. stock market dull investment demand for the precious metal.
Market Realist•18 days agoGoldcorp Seeks to Recover after Falling 18% on October 25
Goldcorp (GG) reported its third-quarter earnings on October 24 after the market closed and held its earnings conference call on October 25. It reported adjusted EPS of -$0.08, which missed the consensus estimate by $0.05. Its production was affected by lower throughput and planned grades from stockpiles due to the commissioning of its Peñasquito Pyrite Leach Project.
- MarketWatch•18 days ago
Gold up a fourth week in a row, but ends short of a 3-month high
Gold futures climb Friday, finding haven-related support despite some better-than-expected U.S. economic data, as equities see renewed pressure to end a volatile week.
Market Realist•19 days agoCan Cerro Moro Sustain Yamana Gold Stock beyond Q3 2018?
Yamana Gold (AUY) stock has outperformed its peers (GDX) YTD (year-to-date). Until October 17, the stock has lost 14.7% against Agnico Eagle Mines’ (AEM), Kinross Gold’s (KGC), and IAMGOLD’s (IAG) stock declines of 20.3%, 33.8%, and 31.9%, respectively. AUY’s operational performance has been strong in 2018.
Market Realist•19 days agoBarrick Gold Stock: The Trend amid Mixed Q3 2018 Results
Barrick Gold (ABX) reported its third quarter of 2018 earnings yesterday, October 24, after the market closed. It reported adjusted EPS of $0.08, which beat analysts’ expectation by $0.01. Its revenues were $1.84 billion, which slightly missed expectations.
