|Bid||0.00 x 900|
|Ask||55.38 x 900|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-25.13%|
|Beta (3Y Monthly)||-0.22|
|Expense Ratio (net)||0.95%|
It's not possible to invest over long periods without making some bad investments. But really big losses can really...
Gold and silver prices fell Thursday as investors switched to the U.S. dollar for safety. Use these inverse ETFs to profit from this theme continuing.
In January, ProShares changed its silver and gold ETFs to track futures-based indexes. This marks the first time leveraged and inverse ETFs will benchmark to gold and silver futures prices. ) are changing their benchmarks from the LBMA (London Bullion Market Association) silver and gold auction prices to Bloomberg Commodity Subindexes.
Gold and gold ETFs enjoyed a bounce late last year as the heightened market volatility pushed investors to safety plays, but a renewed risk-on environment could put the gold rally in jeopardy. The SPDR Gold Shares (NYSEArca: GLD) increased 7.7% over the past three months, with gold futures trading at around $1,289 per ounce, or its highest level since June, while the S&P 500 declined 6.3%. Furthermore, while gold has somewhat benefited from the dovish stance from the Federal Reserve since a lower-for-longer interest rate would weaken the U.S. dollar and support gold prices, the same Fed comments would also bolster stocks and other risky bets for the year.