|Bid||0.00 x 1000|
|Ask||0.00 x 1100|
|Day's Range||126.66 - 127.13|
|52 Week Range||113.30 - 132.01|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.07|
|Expense Ratio (net)||0.17%|
A gold ETF is a type of commodity ETF that allows an individual to invest in gold through an exchange-traded fund (ETF). A gold ETF gives investors exposure to the precious metal as well as the benefits ...
PHILADELPHIA , Jan. 16, 2019 /PRNewswire/ -- Aberdeen Standard Investments (ASI) will showcase its New York Stock Exchange (NYSE)-listed commodity exchange traded funds (ETFs) to the market by ringing ...
In 2018, rising interest rates that coincided with an extended bull run in U.S. equities for most of the year fueled a strong dollar, tamping down gains for gold. SGOL gained 4 percent during a tumultuous December that saw U.S. equities finish their worst year in over a decade. Meanwhile, SGOL effectively climbed past its 200-day moving average as a risk-off sentiment began to permeate the markets with a scramble for safe havens like gold ensuing.
Gold-backed exchange traded products, including the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and Aberdeen Standard Phys SwissGold Shr ETF (NYSEArca: SGOL), were pinched by the ...
Gold’s recent move above $1,300 per troy ounce could lure investors back to the yellow metal and the related exchange traded funds. The SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) ...
Bulls versus Bears on Wall Street: Time to Buy Gold in 2019? Unlike other banks, BNP Paribas has a negative bias for gold going into 2019. Harry Tchilinguirian, global head of commodity markets strategy at BNP Paribas, is negative on gold (SGOL)(GLD) and other precious metals (JNUG) in 2019 and prefers holding Treasuries (TLT) to gold and silver.
Gold bullion and related exchange traded funds are on pace for their best monthly gain in almost two years as political risks and a depressed growth outlook triggered increased demand for safe-haven bets. ...
Gold and related exchange traded funds are among the few areas that investors found refuge in as U.S. equities suffered through their worst Christmas Eve ever. On Monday, the SPDR Gold Shares (NYSEArca: ...
The Federal Reserve's tightening regime, which as of Wednesday, Dec. 19 th included four interest rate hikes this year, is widely viewed as one of the major factors hindering gold and gold exchange traded funds this year. Higher U.S. interest rates have contributed to upside that has made the dollar one of the world's best performing major currencies this year. Commodities, including gold, are denominated in dollars, explaining why ETFs such as the SPDR Gold Shares (GLD) and the Aberdeen Physical Swiss Gold Shares (SGOL) have delivered slack performances in 2018.
Could Market Risks Bring Investors Back to Gold in 2019? The key factors supporting the greenback in 2018 have been the Fed’s interest rate hikes and outlook, trade war concerns, and the outperformance of US markets (SPY)(QQQ). The Federal Reserve has already raised rates three times this year, and it’s expected to raise them for a fourth time in December.
Can Gold Continue to Rise on Equity Market Weakness? The World Gold Council (or WGC) chief market strategist and head of research, John Reade, analyzed gold’s performance in 2018. Reade maintained that these factors are unlikely to continue for a very long time.
The U.S. dollar appears to be on a mission to spoil Christmas in Goldville as weakness in the precious metal persists while the greenback gains. On Friday, global growth concerns stemming from China and Europe as well as more declines in the U.S. stock market couldn't help steer investors away from the U.S. dollar, which has been continuing its upward trajectory for most of the year. The U.S. Dollar Index (DXY), in turn, gained 0.36 percent by the close of Friday's session.
The fee wars that have long permeated the exchange traded funds universe have made their way to the gold ETF space. The latest example of that trend is the Aberdeen Physical Swiss Gold Shares (NYSEArca: ...
The yield curve mainly reflects bond market investors’ expectations of the Fed’s actions and future economic conditions. As the Fed may hike up short-term rates by another 25 basis points at the December meeting, the yield curve could invert. The Fed has maintained that its future decisions will depend on market data.
PHILADELPHIA, Dec. 3, 2018 /PRNewswire/ -- Aberdeen Standard Investments has reduced the sponsor fee for the Aberdeen Standard Physical Swiss Gold Shares ETF (NYSE Arca: SGOL) from 0.39% to 0.17%. Aberdeen Standard Investments Head of Exchange Traded Funds, Steven Dunn comments: "This fee reduction will make this fund the lowest cost option for tracking physical gold in the US. Aberdeen Standard Investments offers a range of commodity-based ETFs totalling approximately $2.2 billion in assets under management as of October 31, 2018. It offers a range of funds that track physical prices or share prices of a range of individual or baskets of commodities and precious metals.
Could Gold Be the Best Bet amid Increased Economic Uncertainty? According to the World Gold Council (or WGC), central banks’ gold (SGOL) buying has hit the highest level in almost three years for the quarter ended September 2018. Central banks have been net buyers of gold since the beginning of the financial crisis of 2008.
Central banks have been net buyers of gold (SGOL) since the beginning of the financial crisis of 2008. According to Atsuko Whitehouse at BullionVault, “Central banks are buying gold for their reserves at the fastest pace in 6 years.” Macquarie reports that a total of 264 tons have been added to the official-sector gold holdings in the first nine months of the year. As usual, the central banks of Russia (RSX), Turkey, and Kazakhstan were leading the pack.
Gold remains among investors' favorites owing to several of its virtues – it offers a hedge against inflation, has little correlation with the stock market, and offers growth potential even during uncertain economic conditions.