|Bid||18.05 x 36900|
|Ask||18.06 x 34100|
|Day's Range||18.02 - 18.17|
|52 Week Range||13.86 - 19.91|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||23.30%|
|Beta (5Y Monthly)||-0.02|
|Expense Ratio (net)||0.17%|
Gold is a popular asset among investors wishing to hedge against risks such as inflation, market turbulence, and political unrest. Aside from buying gold bullion directly, another way to gain exposure to gold is by investing in exchange-traded funds (ETFs) that hold gold as their underlying asset.
Yahoo Finance's Akiko Fujita and ETF Trends Director of Research Dave Nadig discuss the ETFs he is watching after gold surged to a new record.
Gold prices reached the highest levels since 2012 thanks to $23 billion worth of purchases by gold ETFs in Q1.