GLDM - SPDR Gold MiniShares
| Previous Close | 14.61 |
| Open | 0.00 |
| Bid | 14.50 x 3000 |
| Ask | 15.00 x 40700 |
| Day's Range | 0.00 - 0.00 |
| 52 Week Range | |
| Volume | 0 |
| Avg. Volume | 1,216,260 |
| Net Assets | 1.11B |
| NAV | 14.55 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Daily Total Return | 13.61% |
| Beta (3Y Monthly) | N/A |
| Expense Ratio (net) | 0.18% |
| Inception Date | 2018-06-25 |
- ETF Trends
Gold ETFs Can Shine Brightly Again in 2020
The SPDR Gold Shares (GLD) , the largest gold ETF, and competing gold ETFs tumbled Friday on the back of a surprisingly strong November jobs report, but that doesn't mean these funds are about to turn bearish. In fact, some commodities market observers believe the yellow metal can continue delivering solid showings in 2020. Bullish gold traders didn’t get the news they wanted when the most recent Federal Reserve minutes revealed that more rate cuts may not be on the horizon, which could feed into lower gold prices.
- Zacks
Gold to Shine in 2020: ETFs to Consider
We have highlighted some solid reasons why gold will remain strong next year.
- CorpGov.com
U.S. Money Reserve CEO Angela Roberts: How to Make Corporate Governance as Good as Gold
U.S. Money Reserve CEO Angela Roberts By John Jannarone As CEO of U.S. Money Reserve, Angela Roberts believes she has a responsibility to positively influence the professional and personal lives of employees at every level, a lesson she learned many years ago from a mentor at a previous company. She spoke to CorpGov about her […]
- Zacks
Is it Time to Buy Gold ETFs?
Gold lost its sheen in November on risk-on trade. Despite the slide, the precious metal has been up more than 13% so far this year.
- ETF Trends
Gold Holds Steady After Weak U.S. Manufacturing Data
Weak manufacturing data helped to keep gold prices steady in Monday’s trading session following last week’s Thanksgiving holiday. As U.S. equities were reaching highs in major indexes like the S&P 500 and Nasdaq Composite, gold prices were feeling downward pressure from a renewed risk-on investor sentiment. ISM Manufacturing data released on Monday showed that manufacturing activity lagged in the month of November following a decline in inventories and new orders.
- ETF Trends
Palladium Will Hit the $2K Mark Before Gold, Analysts Say
While most were preparing for Thanksgiving dinner on Thursday, palladium investors were feasting off gains as the precious metal reached $1,841. Analysts are already predicting that the precious metal ...
- ETF Trends
Gold Will “Go Much Higher” in the Long Term, Says Market Expert
Bullish gold traders didn’t get the news they wanted when the most recent Federal Reserve minutes revealed that more rate cuts may not be on the horizon, which could feed into lower gold prices. Last month, the central bank instituted its third straight rate cut by 25 basis points—a reversal from last year’s four straight rate hikes. “Federal Reserve officials generally agreed that they likely won’t need to cut interest rates again unless economic conditions change significantly, according to minutes released Wednesday from their most recent meeting,” noted a CNBC report discussing the Fed’s most recent minutes in which it cut rates by a quarter point last month.
- ETF Trends
Gold ETFs Retreat, But Remain Favored by Retail Investors
Gold ETFs, including the SPDR Gold Shares (GLD), the iShares Gold Trust (IAU) and the SPDR Gold MiniShares (GLDM) , have pulled back in recent days as market participants have revisited riskier assets, including equities. Gold ETFs previously rallied amid increased expectations of a U.S. rate cut, even as some investors locked in profits from bullion’s recent rally. Gold is believed by many investors to be inversely correlated with interest rates.
- ETF Trends
Could Coiled Volatility Suggest A Bigger Stock Move Is Coming?
Options bets suggest that traders may be a bit too unnerved about the risks facing the stock market heading into the end of the year. History suggests that such complacency could come back to bite them. Just a day before the CBOE VIX or Volatility index exploded higher in late July, I wrote about the monstrous rally the market had in June and July, recovering all of its May losses and repeatedly chronicling fresh highs, during which time the VIX had coiled, settling around the 11-12 level, amid investor complacency.
- ETF Trends
After Strong Runs, Gold ETFs Encounter Headwinds
Gold ETFs, including the SPDR Gold Shares (GLD), the iShares Gold Trust (IAU) and the SPDR Gold MiniShares (GLDM) , are among the kings of the commodities complex this year, but that doesn't mean those funds are moving up in a straight line. Gold ETFs previously rallied amid increased expectations of a U.S. rate cut, even as some investors locked in profits from bullion’s recent rally. Gold is believed by many investors to be inversely correlated with interest rates.
- Zacks
Gold ETFs: Leader or Laggard?
Though the momentum in gold slowed down with start of the fourth quarter, the combination of factors indicates bullishness ahead, suggesting that investors could buy the dip in gold ETFs.
Gold ETFs See Strong Demand Again in Third Quarter
Gold ETFs, including the SPDR Gold Shares (NYSEArca: GLD), the iShares Gold Trust (NYSEARCA: IAU) and the SPDR Gold MiniShares (NYSEArca: GLDM), experienced robust demand during the third quarter as investors ...
- ETF Trends
How Will Gold React To Fed’s Interest Rate Move This Week?
The capital markets are expecting a rate cut with algorithms like the CME FedWatch Tool calculating a 93% chance that the central bank will institute its third straight cut in 2019. How should gold traders ...
- ETF Trends
Gold is Steady as She Goes Following PMI Data
Gold was steady as she goes in Thursday’s trading session following the U.S. manufacturing sector’s IHS Markit data saying that its U.S. manufacturing Purchasing Managers Index for October went higher ...
- ETF Trends
A Near-Term Catalyst For Gold ETFs
Gold ETFs, including the SPDR Gold Shares (GLD), the iShares Gold Trust (IAU) and the SPDR Gold MiniShares (GLDM), have recently traded modestly lower, but there's a near-term case to revisit these funds. Sure, some of that case involves the Federal Reserve potentially lowering interest rates later this month. Gold ETFs are pushing to the upside amid increased expectations of a U.S. rate cut, even as some investors locked in profits from bullion’s recent rally.
- Benzinga
A Holiday Catalyst For Gold ETFs
Gold is one of this year's best-performing commodities. The SPDR Gold Shares (NYSE: GLD ), the world's largest gold-backed exchange traded fund, confirms as much: it's up nearly 16% in 2019. What Happened ...
- ETF Trends
Don’t Forget to Add Palladium to Your Precious Metals Exposure
Gold may get the shine, but to palladium investors, that’s just fine. In the case of the Aberdeen Standard Phys PalladiumShrs ETF (PALL) , the fund is up 37.19% year-to-date based on Yahoo Finance. "While many investors are focused on gold, palladium has been far and away the best performing precious metal for the past several years.
- ETF Trends
December Supply Cuts by OPEC Could Give Oil Traders a Happy Holidays
The Organization of Petroleum Exporting Countries (OPEC) and its allied members could implement supply cuts in December, which should give oil traders a holiday season worth celebrating. OPEC will meet ...
- ETF Trends
Expect More Upside From Gold ETFs
Gold ETFs, including the SPDR Gold Shares (NYSEArca: GLD), the iShares Gold Trust (NYSEARCA: IAU) and the SPDR Gold MiniShares (NYSEArca: GLDM), have been the darlings among commodities funds this year ...
ETF.comETF Gold Holdings At Record Highs
Investors around the world have plowed nearly $18 billion into gold ETFs this year.
- ETF Trends
Technical Data Shows Gold, Silver in Consolidation Phase
As investors were lukewarm on the latest trade news talk, banks were able to prop up the markets on Tuesday with some positive earnings results. While precious metals gained strength on Monday's market session, technical data on Tuesday served as reminder that gold and silver could be in consolidation phase, which could give investors pause when looking into these alternative asset classes. "As gold and silver prepare for their next move, they are in the consolidation phase.
- ETF Trends
Former Overstock CEO Loads Up on Gold and Bitcoin
You can almost say that former Overstock CEO Patrick Byrne left his company wearing a golden parachute—literally –as he sold stock of the company he launched in 1999 and loaded up on gold as well as its digital currency equivalent Bitcoin.
- ETF Trends
Gold ETFs Jumped to Record High in September
Fresh data from the World Gold Council (WGC) confirm September was a buoyant month for inflows to gold-backed ETFs, including the SPDR Gold Shares (GLD) and the iShares Gold Trust (IAU) . Investors are embracing GLD, IAU and related ETFs as a quick and easy way to gain exposure to gold price movements as they hedge against market risks, help protect their purchasing power in times of inflationary pressures or capitalize on increasing demand from the emerging markets with a growing middle-income class. “In September global gold-backed ETFs and similar products had US$3.9bn of net inflows across all regions, increasing their collective gold holdings by 75.2t to 2,808 tonnes(t), the highest levels of all time,” said the WGC.
- ETF Trends
China Has a Voracious Appetite for Gold and They’re Still Hungry
China has a voracious appetite for gold and has now reached 100 tons in gold reserves since it started purchasing the precious metal late last year. More importantly, more purchases could come, which could fan the flames for gold-focused exchange-traded funds (ETFs). Per Bloomberg News, the “People’s Bank of China picked up more gold last month, raising holdings to 62.64 million ounces in September from 62.45 million in August, according to data on its website.
- ETF Trends
State Street Report: September Gold ETF Inflows Were Golden
In the mid-1800s, settlers headed west when it came to fulfilling dreams of gold. Fast forward to September 2019, and investors are living those dreams in gold-backed exchange-traded funds (ETFs), according ...
