|Bid||12.55 x 1000|
|Ask||12.57 x 800|
|Day's Range||12.48 - 12.61|
|52 Week Range||11.25 - 13.11|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.07|
|Expense Ratio (net)||0.25%|
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
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
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
The iShares Gold Trust (NYSEArca: IAU) and other gold-backed ETFs are stumbling this month as equities do the same, but some market observers believe gold ETFs can generate more upside. Gold bulls in particular ...
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.
Buffett versus Dalio on Gold: Whose Advice Should You Take?(Continued from Prior Part)Fed to let inflation overshoot target? The Federal Reserve has two main objectives: price stability and maximizing employment. Its inflation objective has been 2%
Buffett versus Dalio on Gold: Whose Advice Should You Take?(Continued from Prior Part)Buffett and Dalio on stock advice When it comes to investing in stocks, Berkshire Hathway’s (BRK.A) chair, Warren Buffett, and Bridgewater’s founder, Ray Dalio,
Buffett, Dalio, and Gundlach’s Views Converge on BitcoinWarren Buffet and Ray Dalio Ray Dalio and Warren Buffett have diverse views on gold. Buffett isn’t very fond of gold and has bashed the precious metal again and again. In his latest
Following some forgettable performances last year, commodities are rebounding in 2019 and precious metals funds are among the leaders. One precious metals ETF that provides basket exposure to multiple precious metals, including gold and silver, is higher by nearly 6% year-to-date.Depending on an investor's objectives and risk tolerances commodities can represent up to 5% of well-balanced portfolios. Precious metals funds, be they ETFs or mutual funds, make accessing the asset class more efficient and, in many cases, less expensive.Additional benefits of precious metals funds, such as the SPDR Gold Shares (NYSEARCA:GLD) and the iShares Silver Trust (NYSEARCA:SLV), include the ability to fight inflation and take advantage of a weaker dollar. A drawback to investing in precious funds where the underlying asset is the metal itself is the fact that these funds do not pay dividends or coupon payments, meaning investors are entirely dependent on capital appreciation.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 High-Growth Stocks to Buy Now for Monster Returns For investors considering precious metals funds, here are some intriguing ideas to consider. Invesco DB Precious Metals Fund (DBP)Expense ratio: 0.78% per year, or $78 on a $10,000 investment.The Invesco DB Precious Metals Fund (NYSEARCA:DBP) is an index-based precious metals fund, meaning it does not directly hold positions in gold, silver or other metals. Rather, this 12-year old fund follows the DBIQ Optimum Yield Precious Metals Index Excess Return Index.DBP "is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on two of the most important precious metals -- gold and silver," according to Invesco.Gold and silver are the only metals represented in DBP, which makes sense for a futures-based strategy because those are the two most heavily traded precious metals futures. The rub with DBP and other futures-based funds is that these strategies usually carry high expense ratios and that is the case with this precious metals fund. DBP is up almost 4% this year. Aberdeen Standard Physical Precious Metal Basket Shares (GLTR)Expense ratio: 0.60% per year, or $60 on a $10,000 investment.The Aberdeen Standard Physical Precious Metal Basket Shares (NYSEARCA:GLTR) is the ideal precious metals fund for the investor that wants in on this asset but cannot decide on a single metal to invest in.GLTR solves that conundrum by featuring physical exposure to gold, silver, palladium and platinum. At the end of last year, GLTR allocated over 80% of its weight to gold and silver, but its exposure to palladium and platinum make for a more diverse option than the aforementioned DBP. * 3 Gold Stocks Percolating Right Now GLTR has been getting a tailwind from high-flying palladium over the past 12 months, but at times when gold is the only precious metal trading higher, investors should expect this precious metals fund to lag dedicated gold funds. SPDR Long Dollar Gold Trust (GLDW)Expense ratio: 0.50% per year, or $50 on a $10,000 investment.One of the biggest risks to precious metals funds and investors owning those funds is the dollar. Precious metals, like all commodities, are denominated in dollars, meaning that when the dollar is strong, commodities typically falter.The SPDR Long Dollar Gold Trust (NYSEARCA:GLDW) is one of the first ETFs to address that scenario. GLDW follows the Solactive GLD Long USD Gold Index. That benchmark "is designed to represent the daily performance of a long position in physical gold and a short position in a basket comprised of each of the Reference Currencies," according to State Street.GLDW's reference currencies are the currencies are the euro, Japanese yen, British pound sterling, Canadian dollar, Swedish krona and Swiss franc.This precious metals fund is doing its job. Over the past year, the dollar has been mostly stronger, sending the aforementioned GLD lower by almost 2%, but GLDW is higher 10.80% over that period. GraniteShares Gold Trust (BAR)Expense ratio: 0.1749% per year, or $17.49 on a $10,000 investment.As the funds highlighted above confirm, precious metals funds carry higher expense ratios than many equity or fixed income ETFs. However, the battle for lower fees is making its way to the commodities space and the GraniteShares Gold Trust (NYSEARCA:BAR) is leading that charge.Since debuting in August, BAR has lowered its expense ratio multiple times in an effort to become the least expensive gold ETF on the market, an attractive trait for buy-and-hold investors. With an expense ratio of 0.1749% per year, BAR is cheaper than rivals such as GLD and the iShares Gold Trust (NYSEARCA:IAU). * 7 Healthy Dividend Stocks to Buy for Extra Stability BAR's efforts to lure cost-conscious investors are proving successful. The precious metals fund has $467.64 million in assets under management, $132.50 million of which have flowed into the fund this year. VanEck Merk Gold Trust (OUNZ)Expense ratio: 0.40% per year, or $40 on a $10,000 investment.Critics of traditional gold ETFs and precious metals funds assert that these funds are really just paper investments because when you depart the funds, you receive cash as you would with any other investment. The VanEck Merk Gold Trust (NYSEARCA:OUNZ) takes a different approach.OUNZ "provides investors with a convenient and cost-efficient way to buy and hold gold through an exchange traded product with the option to take physical delivery of gold," according to VanEck.OUNZ is not a gimmick. The fund actually has delivered physical gold to investors in its almost five years on the market.Todd Shriber owns shares of IAU. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post 5 Precious Metals Funds for Buy-And-Hold Investors appeared first on InvestorPlace.
While equities enjoyed one of their best starts to the new year as investors expressed a more risk-on mood, traders still funneled billions into gold and related ETFs to hedge their bets. Gold prices are ...
Strong Case for Gold over Bonds and Stocks? Bernstein Thinks SoGold’s gains Gold’s price (GLD) saw its fourth consecutive positive monthly return in January. It rose ~3% in the month after its rise of 4.9% in December. The major driver of
Do These Factors Point to a Strong Start for Gold in 2019?(Continued from Prior Part)Gold-backed ETFsAccording to the World Gold Council, holdings in gold-backed ETFs and similar products rose by 69 tons in 2018, equivalent to $3.4 billion worth of
Gold’s Long-Term Outlook Is Upbeat despite Short-Term Headwinds(Continued from Prior Part)Jeffrey Gundlach recommends gold The so-called “bond king” and the CEO of DoubleLine Capital, Jeffrey Gundlach, said during Barron’s 2019 Roundtable
Which Five Gold Stocks Are Analysts Loving So Far in 2019?(Continued from Prior Part)Analysts’ ratings for WPMAmong major gold (GLD) (IAU) mining and gold streaming companies (GOAU), Wheaton Precious Metals (WPM), the world’s largest precious
A gold ETF is a type of commodity ETF that allows an individual to invest in gold through an exchange-traded fund (ETF). A gold ETF gives investors exposure to the precious metal as well as the benefits ...
Could the Newmont-Goldcorp Merger Form ‘The Go-To Gold Equity’?(Continued from Prior Part)Newmont’s and Goldcorp’s valuation Among senior miners (GDX), Newmont Mining (NEM) has the highest EV1-to-EBITDA multiple, 8.2x, which is 2% lower
Jim Cramer Suggests Nervous Investors Buy Gold Now ## Cramer suggests adding gold Mad Money host Jim Cramer is advising investors to invest in gold (IAU) if they’re concerned about the Fed’s interest rate policy and the trade conflict between the US (SPY) (IVV) and China (FXI). Cramer said, “If you’re looking for an insurance policy against volatility and economic uncertainty, gold is a great way to go.” He added, “While I like the stock market here, as you know, now that the Fed has decided to be more patient, the whole point of diversification is to be prepared in case something goes wrong … and your thesis doesn’t pan out.” Read Bulls versus Bears on Wall Street: Time to Buy Gold in 2019? for major analysts’ take on the gold price outlook in 2019. ## What should investors buy? However, Cramer doesn’t recommend buying the actual metal. Instead, he recommends direct exposure through the SPDR Gold Shares (GLD), which is the largest gold-backed ETF. He thinks that GLD and other gold mining ETFs (GDX) (NUGT) reduce risk and inconvenience. In addition to GLD, Cramer also recommends a high-quality gold producer like Barrick Gold (GOLD). Recently, Barrick Gold and Randgold Resources’ merger was finalized, which canceled Randgold’s London listing. ## Barrick-Randgold merger created a mining behemoth Regarding the Barrick Gold and Randgold Resources merger, Cramer likes the merged company. He said, “The company has the lowest total cash costs among its peers — I like that — [and] it has a nicely diversified portfolio of assets across the world — I love that.” Read Is Barrick Worth a Look after Its Merger with Randgold? for more details on the new company’s operating metrics and its outlook after the merger.
Gold-backed exchange traded products, including the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and Aberdeen Standard Phys SwissGold Shr ETF (NYSEArca: SGOL), were pinched by the ...
Gold’s recent move above $1,300 per troy ounce could lure investors back to the yellow metal and the related exchange traded funds. The SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) ...
A major factor weighing on gold prices this year was the Fed’s tightening cycle. Since the Fed started the current rate hike (BND) cycle in December 2015, it has hiked rates nine times, with the latest hike in December. If inflation (TIP) remains under control in 2019, the Fed is not expected to move much.
ETF Trends Publisher Tom Lydon wrote a piece for Fox Business identifying the opportunities abound for investors in 2019 after what’s been a stormy 2018 fraught with market challenges, such as trade wars, ...