|Bid||80.62 x 3000|
|Ask||80.75 x 2200|
|Day's Range||80.01 - 80.75|
|52 Week Range||61.80 - 81.25|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||5.28%|
|Beta (5Y Monthly)||0.11|
|Expense Ratio (net)||0.60%|
Wall Street analysts appear bullish on the commodity market in 2020, with the energy sector especially receiving bullish predictions. Play these ETFs.
After a prolonged period of low volatility across the public markets, investors seem to be getting skittish thanks in part to the increasing number of concerning stories such as those that have plagued shares of Facebook, Inc. (FB) in recent weeks. When volatility spikes, it is a natural tendency for investors and long-term traders alike to shift capital to traditionally stable sectors such as precious metals. When active traders want to analyze the performance of precious metals, they often look to exchange-traded products such as the ETFS Physical Precious Metals Basket Shares.
As investors consider potential risks ahead, many are looking to ETF strategies that cover alternative assets like precious metals and commodities to help diversify a traditional stock and bond portfolio mix.
With fewer places for traders to find stability, it seems as though the gold market could be the segment of choice over the weeks and months ahead.