|Bid||15.22 x 6100|
|Ask||15.23 x 344200|
|Day's Range||15.18 - 15.26|
|52 Week Range||14.44 - 17.59|
|PE Ratio (TTM)||3.47|
|Expense Ratio (net)||0.50%|
The US dollar (UUP) fell 0.71% on December 13—the day the Federal Reserve raised interest rates a quarter point to 1.25%–1.50%.
Although the US dollar has been the most important element contributing to changes in precious metals, the upcoming December meeting of the Federal Reserve has taken all of investors' attention.
Among the four precious metals, silver was the only one that rose on Friday, December 8, 2017. Silver futures for February expiration rose 0.22%.
All four precious metals have seen downward price movements over the past five trailing days. Gold, silver, platinum, and palladium have fallen 1.5%, 3.7%, 4.1%, and 0.83%, respectively.
The US dollar has fallen almost 9.1% on a YTD basis. The iShares Gold Trust (IAU) and the iShares Silver Trust (SLV) have risen 11% and 2.8%, respectively.
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
Precious metal market participants will be closely watching the economic numbers that come out of the US, especially those that give an indication of the country's inflation level.
The US stock markets were closed on Thursday, November 23, 2017, for Thanksgiving, and the next day (Black Friday) was quite slow for precious metals. Gold played in a narrow range that day.
Usually, companies try to optimize debt-to-equity levels in order to minimize risk and reduce the cost of capital. However, debt levels can create problems for companies—especially when the commodity markets ...
Gold finished higher Tuesday, recouping some of the hefty decline suffered a day earlier, as the U.S. dollar headed lower and investors looked to minutes due midweek from the Federal Reserve’s recent meeting ...
Gold falls sharply Monday, as German political uncertainty feeds weakness in the euro, helping to strength the U.S. dollar.
Gold prices initially edged lower for the day on Thursday, November 16. However, they later turned marginally higher, closing at $1,278.2 per ounce.
Gold prices rally Friday to a more than one-month high, tacking on nearly 1.8% for the week, as the latest developments in the investigation into Russia’s suspected interference in the U.S. presidential ...
Gold saw a down day on Wednesday, November 15, 2017. Gold futures for December delivery were 0.41% lower for the day and ended at $1,277.70 per ounce.
Besides the impact of interest rates, there are also other global indicators that could play on precious metals—the most important being the US dollar.
Gold futures end modestly higher Monday, recouping some of their recent losses, as investors retreat somewhat from purchasing assets perceived as risky, like global stocks.
Gold futures settles sharply lower Friday, even as both stocks and the dollar, which typically move inversely to precious metals, slump on the back of waning confidence for economy-boosting tax reform....
Precious metals had a mixed reaction on Tuesday. Eldorado Gold (EGO) and Cia De Minas Buenaventura (BVN) fell 3.2% and 1.4%, respectively.
The Federal Reserve raised rates yesterday after the conclusion of its FOMC meeting. It signaled three more rate hikes in 2018. Is that realistic? Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss.