|Bid||125.50 x 1000|
|Ask||141.77 x 1000|
|Day's Range||136.50 - 137.60|
|52 Week Range||113.30 - 139.55|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.02|
|Expense Ratio (net)||0.17%|
As the global central banks try to enact policy changes that would benefit their own currencies, investors may consider gold and related ETFs to better safeguard their wealth. Deutsche Bank AG argued that gold could stand out if U.S. foreign-exchange policy fuels a global currency conflict, Bloomberg reports. Traders fear the possibility of U.S. foreign exchange intervention after President Donald Trump censored China and Europe for playing a "big currency manipulation game." Meanwhile, the U.S. is moving toward weakening its dollar currency, which could be a trigger for other foreign governments to follow suit, sparking a "true currency war" that would involve the yuan and euro, according to Deutsche Bank strategist Alan Ruskin.
Australia-based Perth Mint displayed a giant one-ton gold coin in front of New York Stock Exchange to promote Australian gold and its government-backed gold ETF AAAU.
Gold ETFs, including the SPDR Gold MiniShares (NYSEArca: GLDM) and SPDR Gold Shares (NYSEArca: GLD), were widely embraced by investors seeking safe assets last month. “Holdings in global gold-backed ETFs ...
The price of gold has been on the slide lately, falling more than 10% over the last five months as the dollar has rallied on bets of a continued strong U.S. economy. Nonetheless, the outlook is more positive for the rest of the year and next, with December gold futures currently holding above the key technical level of $1,200 per share.
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.
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: ...