|Bid||126.93 x 500|
|Ask||127.46 x 500|
|Day's Range||128.58 - 130.00|
|52 Week Range||116.31 - 132.10|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.39%|
After the recent bout of market volatility, investors may want to consider alternative assets like precious metals exchange traded funds that zig as traditional assets zag. “Adding a precious metals allocation ...
New Gold, Agnico-Eagle Mines, Franco-Nevada, and Cia de Minas Buenaventura have call-implied volatilities of 45.2%, 24.4%, 21.7%, and 31.2%, respectively.
Among these spreads, the gold-silver spread is the most talked about because it measures the number of silver ounces it takes to buy a single ounce of gold.
Agnico, Randgold, Yamana, and Barrick have call implied volatilities of 24.3%, 21.1%, 38.8%, and 22.8%, respectively.
On a year-to-date basis, AngloGold has seen the highest correlation to gold, while Cia De Minas has the lowest year-to-date correlation.
Investors have their eyes set on the interest rates. A rise in the interest rates causes the demand for precious metals to fall.
All four precious metals saw a down day on Monday, December 4, 2017, after the US dollar, in which the four metals are priced, rose $0.39%, propelled by the Senate passing its tax reform bill.
After a substantial slump on Monday, gold futures for December delivery rose 0.5% on Tuesday and closed at $1,281.7 per ounce.
For India, gold imports have fallen 16% in value to ~$2.9 billion in October 2017 compared to $3.5 billion in the corresponding month last year.
When you look at mining stocks' performance, it's important to analyze their correlation with gold. These stocks typically take their directional cues from gold, which is the most dominant among precious ...
For all the potential demand for a Bitcoin ETF, why do the proposals rely on Bitcoin Futures (which haven't been invented) rather than trying to back Bitcoin ETFs with, well, Bitcoins? It is odd enough, it is worth thinking about.
As of October 24, 2017, Silver Wheaton (SLW), Yamana Gold (AUY), Barrick Gold (ABX), and AngloGold Ashanti (AU) had implied volatility readings of 30.8%, 48.4%, 29.1%, and 40.9%, respectively.