|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||113.88 - 114.06|
|52 Week Range||110.90 - 116.76|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
Gold acts as an inflation hedge for investors. When inflation rises, the value of the paper currency falls, as the same currency can now buy fewer goods and services.
FOMC members noted that labor market conditions have continued to strengthen since their last meeting in June.
Members of the FOMC (Federal Open Market Committee) attributed the recent slowdown in inflation growth to idiosyncratic factors.