GLD - SPDR Gold Shares
| Previous Close | 142.78 |
| Open | 141.33 |
| Bid | 141.34 x 1200 |
| Ask | 141.34 x 2200 |
| Day's Range | 141.05 - 141.78 |
| 52 Week Range | 111.85 - 144.02 |
| Volume | 6,479,220 |
| Avg. Volume | 10,993,901 |
| Net Assets | 37.78B |
| NAV | 142.89 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | 17.94% |
| Beta (3Y Monthly) | 0.06 |
| Expense Ratio (net) | 0.40% |
| Inception Date | 2004-11-18 |
- ETF Trends
$2.6 Billion Flowed into Gold ETFs in July, Says World Gold Council
Gold ETFs have been a shining through a gloomy market as investors poured billions of dollars into this asset category in face of rising uncertainty. According to the World Gold Council, investors funneled $2.6 billion into gold bullion-backed ETFs in July, raising their collective holdings to 2,600 tons, or the highest level since March 2013, the Wall Street Journal reports. Meanwhile, gold prices rallied 17% over the past three months and recently broke above $1,500 per ounce for the first time in six years.
- ETF Trends
Gold ETFs Boosted by Recent Yield Curve Inversion
Gold ETFs, including the SPDR Gold MiniShares (GLDM) and SPDR Gold Shares (GLD) , added to recent gains Wednesday as the yield curve again inverted, stoking fears of a recession. Gold is also catching a bid because some market observers believe with low inflation and the potential for a slowing economy, the Fed may step in and cut interest rates multiple times before the end of this year to go along with the rate revealed last month. Gold is believed by many investors to be inversely correlated with interest rates.
- ETF Trends
Gold’s Already At All-Time High Against Canadian Dollar
Gold, like other commodities, is often denominated in U.S. dollars. This means investors buying ETFs such as the SPDR Gold MiniShares (GLDM) and SPDR Gold Shares (GLD) typically want the greenback to weaken. Gold has long been used as a safe haven asset, particularly when the value of the dollar declines or investors fear market volatility and uncertainty, like in the case of a tariff war.
- Zacks
Zacks Value Trader Highlights: GLD, VNQ, PVH, G-III Apparel and Goodyear Tire & Rubber Company
Zacks Value Trader Highlights: GLD, VNQ, PVH, G-III Apparel and Goodyear Tire & Rubber Company
- Benzinga
Gold ETFs Are Still Worth It
Whether it's investors' desire for safer assests, a world awash in low and negative interest rates or central banks gobbling up gold, bullion's rally is credible and based on solid fundamentals. “US-China trade negotiations continue to be a random walk,” said State Street in a recent note. In the second quarter, GLD saw inflows of more than $526 million while the fund's low-cost counterpart, the SPDR Gold MiniShares Trust (NYSE: GLDM), added nearly $83 million.
- ETF Trends
$2,000 Price Level a Possibility for Gold
As Treasury yields continue to skydive, gold price levels could go through the roof as the scrambler for safe haven assets continues amid the latest market volatility as trade wars between the U.S. and China rage on. This could provide more gains for gold-focused exchanged-traded funds (ETFs) as analysts are predicting that the precious metal could shoot past the $2,000 per ounce price mark. The weakness in the U.S. dollar caused gold to climb, but the case for the precious metal is also coming from the bond markets.
- Zacks
Stocks are on Sale: Should You Buy?
A bunch of stocks are trading with single digit P/Es and juicy dividends. Time to go shopping?
- Zacks
Safe-Haven ETFs Rally on Global Unrest: ETFs to Snap Up
Asian markets continue to bleed on increasing geo-political issues and slowing global economic growth. This, in turn, has been adding to the appeal of safe-haven ETFs.
- Market Exclusive
Market Morning: Hong Kong Chaos, Rates Plummet, Gold Soars, Hybrid Lull, Uber Bleeds
Hong Kong Continues Its Slide Into Chaos With Chinese Troops On The Border Hong Kong stocks (NYSEARCA:EWH) are sliding again, down 15% in a month, as a second mass protest in the Hong Kong airport is threatening to shut down all international flights again. There is worry now that we could see another Tiananmen Square-type […]The post Market Morning: Hong Kong Chaos, Rates Plummet, Gold Soars, Hybrid Lull, Uber Bleeds appeared first on Market Exclusive.
- MarketWatch
All that glitters might be just what your portfolio needs now
Gold has had a strong run so far this year as geopolitical tensions swirl and bond yields go increasingly negative, and the party may not be over yet.
- Barrons.com
How This Bull Market Will End
The collapse of interest rates worldwide to zero and below suggests a financial world that is dark and cold. Yet the plunge in bond yields to historic lows correspondingly results in high values for many assets.
- Investopedia
Rebounding Stocks Remain Volatile
Gold hit new highs even as stocks rebounded. When energy gets cheap, some investment opportunities emerge.
- MarketWatch
Stock market steps back from the cliff’s edge — here’s what to watch for next
The U.S. stock market stepped back from the cliff’s edge with a key reversal Wednesday. Please click here for an annotated chart of iShares 20+ Year Treasury Bond ETF (TLT) For the sake of transparency, the second and third charts were previously published and no changes have been made.
- Benzinga
Bitcoin Vs. Gold: Which Is A Better Safe Haven Right Now?
The recent market volatility and fears over a potential currency war between the U.S. and China have investors looking for a safe place to stash their cash while they wait out a period of uncertainty. The Grayscale Bitcoin Trust (Btc) (OTC: GBTC) is up 284.6%, the SPDR Gold Trust (NYSE: GLD) is up 16.6% and the INVESCO DB USD /BULLISH FD (NYSE: UUP) is up 3.8%.
- Motley Fool
Stock Market News: Gold Soars Above $1,500; CVS Looks Healthy
Wednesday morning brought selling for the stock market.
- Zacks
How to Bet on Gold Surge With ETFs & Stocks
Given the optimism and intense buying pressure on gold, investors have a long list of options, in both the ETF & stock world, to tap the metal's rally.
- Market Exclusive
Market Morning: Gold Breaks $1,500, World Watches Yuan, Bezos Sells, Fed Chairs Unite
Gold Briefly Breaks Through $1,500, JPMorgan Says Buy JPMorgan (NYSE:JPM) is coming out as a gold bull, though a little late in the game since gold (NYSEARCA:GLD) has been rising for nearly 4 years now since bottoming at $1,045 in December of 2015. The big bank had some choice words about the US dollar (NYSEARCA:UUP) […]The post Market Morning: Gold Breaks $1,500, World Watches Yuan, Bezos Sells, Fed Chairs Unite appeared first on Market Exclusive.
- Zacks
Should You Buy Gold ETFs Now?
Learn more about the outlook for gold ETFs and the world's biggest gold coin produced by the Perth Mint.
- Zacks
Gold ETFs & the World's Largest Gold Coin
Learn more about the outlook for gold ETFs and the world's biggest gold coin produced by the Perth Mint.
- MarketWatch
Gold futures book third straight gain, hold near 6-year high
Gold prices on Tuesday finish regular trade modestly higher, marking a third straight gain a day after the precious metal extended its rally toward fresh six-year highs, amid escalating trade policy tensions between China and the U.S.
- ETF Trends
Gold ETF Safe-Haven Status Renewed as Trade Tensions Trip Stocks
As stocks tumbled Monday on the back of escalating trade tensions between the U.S. and China, investors looked to familiar destination for shelter from the storm: gold and the related exchange traded funds. Gold ETFs, including the SPDR Gold MiniShares (GLDM) and SPDR Gold Shares (GLD) , are among the best-performing commodities ETFs this year and during Monday's sea of red for equity markets, gold ETFs stood tall. Gold ETFs are pushing to upside amid increased expectations of a U.S. rate cut, even as some investors locked in profits from bullion’s recent rally.
- ETF Trends
Volatility in Equities Paving the Way for Gold Gains
As the capital markets were sent in a daze following the news that China would retaliate after the latest tariffs by the U.S., investors rushed to safe havens like precious metals. In particular, this market volatility is paving the way for gold gains. The volatility have been kind to gold prices as fears of a global economic slowdown are forcing investors to allocate capital into safe-haven assets like precious metals.
- Zacks
ETF Areas Under Focus on China's Yuan Devaluation
As China devalued its currency as a retaliatory move against Trump's fresh tariff threats, these asset classes and ETFs could be in the spotlight.
- Yahoo Finance Video
Solid growth for gold
The demand for gold rose 8% in the second quarter, according to the World Gold Council. Central banks and ETF buyers helped drive that demand, taking in $2.5 billion in net new inflows thus far this year. Matthew Bartolini of State Street Global Advisors joins Yahoo Finance’s Adam Shapiro and Julie Hyman to discuss.
