GLD - SPDR Gold Shares
| Previous Close | 115.81 |
| Open | 116.40 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 116.24 - 116.71 |
| 52 Week Range | 115.12 - 129.51 |
| Volume | 7,892,317 |
| Avg. Volume | 6,405,326 |
| Net Assets | 32.92B |
| NAV | 118.45 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | -4.04% |
| Beta (3y) | 0.27 |
| Expense Ratio (net) | 0.40% |
| Inception Date | 2004-11-18 |
- Yahoo Finance Contributors•3 days ago
Is Gold Swimming with the Sharks
Market Realist•2 days agoWhy Gold’s Weakness Could Reverse
Fresh Sell-Off Hits Gold: Is $1,200 the Next Stop? Investors, market participants, and analysts have been puzzled by gold’s weakness in recent months despite escalating trade war tensions and geopolitical risks. The Fed’s aggressive stance on interest rate hikes has also been weighing on gold.
- Zacks•2 days ago
Gold Slips Into Correction Territory: How to Trade with ETFs
Many investors might seek to buy gold at a discounted price while some risk aggressive investors want to short gold for the near term via ETFs.
Market Realist•2 days agoEven Trump Criticizing the Fed Didn’t Help Gold
In an interview with CNBC on July 19, President Trump said that he wasn’t “thrilled” about the Fed raising the rates. He said, “Because we go up and every time you go up they want to raise rates again. I don’t really — I am not happy about it. But at the same time I’m letting them do what they feel is best.” Usually, presidents don’t interfere or comment on the Fed’s decisions. The market knows President Trump’s views on interest rates.
Market Realist•2 days agoUS Dollar Climbs to Fresh One-Year High, Pressures Gold
Fresh Sell-Off Hits Gold: Is $1,200 the Next Stop? In the previous part, we discussed how gold prices lost ~1% following Fed Chair Jerome Powell’s strong outlook for US economic growth and his conviction in the gradual rate hike path. Gold fell ~0.43% on July 19 and ended the day at $1,218 per ounce.
- Market Realist•2 days ago
Fresh Sell-Off Hits Gold: Is $1,200 the Next Stop?
Gold prices (IAU) have been on a losing spree since mid-April due to the US dollar’s strength and diverging monetary policies in the United States (IVV) and the rest of the world. During the congressional testimony, Fed Chair Jerome Powell gave an upbeat assessment of the US (VOO) economy. The assets are attractive when interest rates (TLT) are high because gold doesn’t generate any income.
- Market Realist•2 days ago
Commodities Regain Strength, Gold Is Stable
Crude oil traded with increased volatility and mixed sentiment on Thursday. On July 20, crude oil opened on a stronger note and was trading with strength in the early hours.
- TheStreet.com•3 days ago
A Market Looking For a Catalyst
Maybe it will be some major earnings news or perhaps it will be something to do with trade but right now the majority of stocks are churning and not doing much of interest. As an illustration of how this market is looking for something to react to it just made a sharp move on some headline from CNBC's Joe Kernan's interview with President Trump. Trump said he isn't thrilled about higher rates and that the strong dollar is a disadvantage but that isn't particularly surprising.
- ETF Trends•3 days ago
Gold ETFs Could See More Selling Pressure
Globally listed gold exchange traded products, including the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) have recently been struggling and some market observers believe the yellow ...
Market Realist•3 days agoCommodities Continue to Weaken, Stronger Dollar Weighs
After losing strength last week, crude oil started this week on a weaker note and declined as the week progressed. On Thursday, crude oil started the day on a mixed note and was trading with weakness at four-week low price levels in the early hours.
Market Realist•3 days agoDigging into Gold Miners before Q2 2018 Earnings: What to Expect
Gold prices have declined ~5.0% YTD (year-to-date) after rising ~13.0% in 2017. Gold is hitting lows despite factors that favor its safe-haven status. Despite the escalation of trade war fears and political tensions in the European Union, gold prices have been trending lower.
- Market Realist•3 days ago
Fund Managers Believe Gold Is Undervalued: Time to Buy?
A record number of fund managers in the BAML (Bank of America Merrill Lynch) July survey believe that gold (GLD) (IAU) is undervalued. About 17% of them said gold was trading below its actual market worth, and 25% said oil (USO) is overvalued.
- The Wall Street Journal•3 days ago
[$$] Gold Tumbles as Dollar, Rates Rise
Gold prices early Thursday extended a downdraft that has pushed the metal toward its lowest close in more than a year, in an atmosphere of rising benchmark rates for U.S. government debt and the continuation of a U.S. dollar rally. August gold traded $12, or 1%, lower at $1,215.90 an ounce early Thursday, a day after the precious commodity edged up slightly to register its first gain in four sessions and avoided its first finish in correction territory, defined as a decline from a recent peak of at least 10%, since late 2016, according to WSJ Market Data Group. Gold tends to fall as stocks climb because it is viewed as an asset that appeals to investors in times of uncertainty and fear.
- Market Exclusive•3 days ago
Market Morning: Gold Collapses, Yuan Plummets, MGM Flies High, AT&T Faces Off Justice Dept
Stock Futures Down, Gold Hits New Lows, Dollar Up Futures are down this morning, modestly, with the S&P 500 futures (NYSEARCA:SPY) falling around 0.2%, oil (NYSEARCA:USO) down on reports of record US output, most currencies down against the US dollar (NYSEARCA:UUP), and gold (NYSEARCA:GLD) hitting new 52-week lows, though just by a week. Gold hit […] The post Market Morning: Gold Collapses, Yuan Plummets, MGM Flies High, AT&T Faces Off Justice Dept appeared first on Market Exclusive.
Market Realist•3 days agoShould You Be Concerned about Fund Managers’ Top Concern in July?
While fund managers are bullish on US equities (SPY), there is still no lack of concern. In the BAML (Bank of America Merrill Lynch) July 2018 survey, for the third month in the last five months, trade war concerns were cited as the top concern of global fund managers. A total of 60% of the fund managers surveyed cited the trade war risk as the top tail risk.
Market Realist•4 days agoFund Managers Think These Trades Are Most Crowded: Time to Exit?
In the previous part of this series, we saw that fund managers have turned more positive on equities in the United States. According to a BAML (Bank of America Merrill Lynch) survey in July, FAANG plus BAT was identified as the most crowded trade for the sixth consecutive month, cited by 53% of respondents. BAML also said that this was the most crowded trade since the long US dollar in 2015.
Market Realist•4 days agoWhy Fund Managers’ Growth Expectations Hit a Two-Year Low
A net -11% of respondents in the BAML (Bank of America Merrill Lynch) July survey expect faster economic growth over the next 12 months, which is the lowest since February 2016. At the start of 2018, a net 40% of polled fund managers expected faster economic growth in the next year. While it is very difficult to pinpoint a turning point in the economic cycle, the consensus is generally growing that we are in the late stage of the economic cycle, which typically precedes a recession.
- MarketWatch•4 days ago
The case for a gold play as the metal loses its shine
The Dow is trying to make it five up sessions in a row, while gold heads in the other direction. The metal’s retreat has hampered gold mining shares, but our call of the day from a “True Contrarian” suggests sticking with those stocks.
Market Realist•4 days agoCommodities Are Weak Early on July 18, Dollar Weighs
Following a weak performance last week, crude oil started this week on a weaker note and declined in the first two trading days. Carrying forward the sentiment, crude oil opened lower on Wednesday and was trading with weakness at three-week low price levels in the early hours.
- MarketWatch•5 days ago
Gold settles at a 1-year low for a third straight session
Gold settles at a one-year low Tuesday for a third straight session, pressured by strength in the dollar as testimony from U.S. Federal Reserve Chairman Jerome Powell backs a steady pace of raises to benchmark interest rates.
Market Realist•5 days agoCommodities Are Stable in the Early Hours on July 17
After declining for two consecutive trading weeks, crude oil started this week on a weaker note by declining to three-week low price levels on Monday. Carrying forward the weakness, crude oil opened lower on July 17. Crude oil was trading with mixed sentiment in the early hours.
- Zacks•5 days ago
Inside the Cheapest Gold Bullion ETF
State Street's SPDR recently launched a gold bullion ETF with the lowest cost in the space.
- MarketWatch•6 days ago
Gold books back-to-back loss to finish around 2018’s lows
Gold prices on Monday end lower for a second straight session, failing at an earlier attempt to rebound from their lowest levels in roughly a year.
Market Realist•6 days agoFalling Commodity Prices Could Bother US Investors
Although US steel prices and physical aluminum premiums have spiked this year after the Section 232 tariffs, metal prices have been largely subdued. Recently, seaborne iron ore prices fell to a multi-month low. Aluminum, zinc, and copper have also come under pressure amid concerns about the US-China trade war. Gold (GLD), which is generally seen as a safe-haven asset, has also been subdued. However, energy prices (XLE) have shown strength amid supply-side concerns due to looming Iran sanctions.
Market Realist•6 days agoCommodities Are Mixed in the Early Hours on July 16
Crude oil lost strength last week and declined for the second consecutive trading week. Carrying forward the weakness, crude oil opened lower on July 16. In the early hours on Monday, crude oil was trading with weakness at three-week low price levels.
