|Bid||17.03 x 4000|
|Ask||17.02 x 46000|
|Day's Range||17.00 - 17.05|
|52 Week Range||16.25 - 19.86|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-0.61%|
|Beta (5Y Monthly)||0.05|
|Expense Ratio (net)||0.17%|
Gold is a popular asset among investors wishing to hedge against risks such as inflation, market turbulence, and political unrest. Aside from buying gold bullion directly, another way to gain exposure to gold is by investing in exchange-traded funds (ETFs) that hold gold as their underlying asset or invest in gold futures contracts.
After a year of lackluster performance, gold might be headed for a turnaround.
Precious metals such as gold, silver, and platinum are valued by many investors as a hedge against inflation or a safe haven in times of economic turmoil. They also are valued for their rarity and their use in a broad range of industrial applications.