|Bid||83.00 x 5200|
|Ask||84.38 x 3700|
|Day's Range||83.91 - 83.96|
|52 Week Range||83.89 - 84.72|
|PE Ratio (TTM)||96.72|
|Expense Ratio (net)||0.15%|
Precious metals and miners saw some relief on December 13 after the Fed raised rates as expected. Sibanye Gold (SBGL), Aurico Gold (AUQ), and Goldcorp (GG) rose 3.5%, 3.6%, and 5.8%, respectively.
Gold, silver, and platinum all had a down day on Tuesday, December 13, mainly due to speculations over the Federal Reserve's pending interest rate decision.
Gross believes that in return for cost of carry, if investors get risk-adjusted returns that will be unfruitful compared to the benchmark, they could shift their holdings to other asset classes.
Although the US dollar has been the most important element contributing to changes in precious metals, the upcoming December meeting of the Federal Reserve has taken all of investors' attention.
There are multiple factors that can affect the shape of yield curves. Bonds (BND) with different maturities react differently to changes in economic conditions and expectations. For example, when the US ...
St. Louis Fed president and CEO James Bullard gave a presentation at a regional economic briefing on December 1. Throughout this series, we'll analyze Bullard’s take on the risks of an inverted yield curve....
Precious metal market participants will be closely watching the economic numbers that come out of the US, especially those that give an indication of the country's inflation level.
Market participants were eyeing the Fed's meeting minutes that came out on Wednesday, November 22, 2017. Precious metals have a negative relationship to interest rates.
The November Conference Board LEI reported the average consumer expectations for business conditions for October at 0.96, a sharp increase from the September reading of 0.43.
Precious metals rose on Tuesday after their impactful retreat on Monday. The market was eagerly waiting for the Federal Reserve minutes due on Wednesday.
The International Monetary Fund (or IMF), in its "World Economic Outlook" (or WEO) released in October, upgraded the economic forecast for the United Statess for 2017.
The proposed lowering of both the corporate tax rate and the individual tax rate could help consumers and corporations spend more, which could boost consumer activity and business activity.
US bond markets (BND) experienced volatility last week as markets reacted to the FOMC statement, the nomination of the new US Federal Reserve chair, and mixed economic data.
On Tuesday, as the Bank of Japan kept its monetary policy steady, investors shifted their attention to other central bank meetings. The bank has slightly cut its inflation forecast for the current…
In a speech at the 2017 Herbert Stein Memorial Lecture, Fed Chair Janet Yellen shared her thoughts on monetary policy for the future and discussed whether there will be any role for unconventional policy ...
Fed Chair Janet Yellen, in her speech at the 2017 Herbert Stein Memorial Lecture, offered some more insight into the Fed’s balance sheet reducing strategy.
US Federal Reserve Chair Janet Yellen, in her speech at the 2017 Herbert Stein Memorial Lecture, explained the challenges that faced the US Fed when it wanted to scale back its monetary accommodation from ...
Since early September, US ten-year and longer-dated paper has been falling. Rates for the US government ten-year bond jumped from 2.04% on September 7 all the way to 2.36% on October 10.