GLD - SPDR Gold Shares
|Trading Day||July 28|
|Day's Range||167.72 - 169.38|
|52-Week Range||157.13 - 194.45|
The investment seeks to reflect the performance of the price of gold bullion, less the expenses of the Trust's operations. The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust's expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.
|Asset Class |
|Inception Date |
Nov 18, 2004
|Ticker Symbol |
|Index Tracked |
LBMA Gold PM Price
Once again, gold, silver, and platinum are attempting to break out to the upside and reverse the current trend. If we were in school, we could consider this a true, false exam. The simple answer is, we ...
(Kitco News) - Gold and silver prices are solidly higher in early U.S. dealings Thursday. The precious metals bulls are deeming Wednesday afternoon's FOMC conclusion as market-friendly.
(Kitco News) - Post-FOMC Technical levels - The pre-FOMC technical levels worked a treat from this week. There are many key highlights on the chart but the purple support zone at the low volume node was...
Gold price jumps back above $1,800 as Fed's Powell says U.S. is ways away from 'substantial further progress'
(Kitco News) - Federal Reserve Chair Jerome Powell shed more light on the tapering timeline during his press conference on Wednesday, noting that the U.S. has not reached "substantial further progress" ...
(Kitco News) - Inflation concerns are escalating due to loose monetary policies and unprecedented stimulus, with June CPI data rising at the fastest level since 2008.
(Kitco News) - Gold prices are slightly lower in early U.S. dealings Wednesday. The metals and many other markets are in a pause mode, awaiting the data point of the week: Wednesday afternoon's conclusi...
It could be a case of “if you build it, they will come.” In this particular instance, it's the United Kingdom's Royal Mint, whose online trading platform is bringing in more business in the form of youn...
(Kitco News) - Gold was trading at daily highs after the newly released data showed that orders for long-lasting U.S. factory goods were up 0.8%% in June versus the expected advance of 2.1%.
(Kitco News) - Gold prices are trading firmer in early U.S. dealings Tuesday, seeing just a bit of support from a weaker U.S. dollar index as well as slight declines in the U.S. stock indexes.
(Kitco News) - Hedge funds covering some short positions in the gold market are helping the precious metal maintain its upward bias as prices hold around $1,800 an ounce, but analysts continue to see wa...
(Kitco News) - Gold prices are a bit weaker in subdued summertime U.S. trading at middday Monday, losing some early gains that came amid a weaker U.S. dollar index to start the trading week.
(Kitco News) - Federal Reserve's tapering comment, or more precisely the lack thereof, is what matters most to gold price this week, according to analysts.
(Kitco News) - Gold fell below the psychological $1,800 an ounce level as the U.S. new home sales missed expectations in June with a fall of 6.6%. The prior month's number was also revised down.
(Kitco News) - Gold has had a great start to the week ahead of this week's all-important FOMC rate decision. Looking at the chart below, it is clear to see the price is anchored to the $1800/oz area as ...
(Kitco News) - With the Fed meeting this week it is clear that gold is in limbo till the event. Although the yellow metal has had another move above $1800/oz in the Asian session it seems like this is t...
The current story for gold is being driven by interest rates and inflation, although interest rates are currently upstaging inflation. The post Experts Think Gold Could Shine Again In the Second Half ap...
(Kitco News) - Gold's recent lackluster performance and its inability to hold gains much above $1,800 an ounce are starting to attract some bears to the marketplace.
(Kitco News) - A growing divergence in global interest rates, which is supporting the U.S. dollar, is generating some bearish sentiment among Wall Street analysts even as retail investors remain bullish...
(Kitco News) - The gold market is struggling to attract new bullish momentum and is trying to hold support around $1,800 an ounce followed mixed sentiment in the U.S. manufacturing and service sectors.
(Kitco News) - Gold and silver prices are lower in early U.S. trading Friday, as a lack of markets-moving fundamental news to end the trading week has the technical traders in a selling mood amid deteri...
(Kitco News) - Gold and silver prices are firmer in midday U.S. trading Thursday and took back overnight losses amid some friendly U.S. and Euro zone economic data out today.
(Kitco News) - The gold market continues to hold important support above $1,800 an ounce but continues to see little movement to disappointing economic data as more Americans than expected apply for fir...
Is Rising Inflation a Tailwind for Gold?
With interest rates declining to their lowest level in five months and inflation marching upwards, the appeal of non-interest bearing investments such as gold is growing. Presented by @CME Group: https:...
Hold on to your gold A Fed rate hike in 2023 could be too little to late for inflation - VanEck's Joe Foster
(Kitco News) - The gold market continues to struggle as investors focus on the potential for tighter monetary policy and transitory higher inflation pressures.
'We're in untested waters' with inflation and the real winners are hard assets like gold – former JPMorgan MD
(Kitco News) - Economies worldwide are in "untested waters" with explosive monetary and fiscal stimulus testing the limits of global financial stability, said Jon Deane, ex-JPMorgan MD and now CEO of Tr...
(Kitco News) - The gold market is in a precarious position as inflation and interest rate expectations continue to dominate the marketplace. However, growing uncertainty in global financial markets supp...
(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday, on rebounds from selling pressure Monday. Silver has seen some chart damage inflicted recently.
Commodities are on fire this year — What this ETF analyst sees ahead
ETF Trends CEO Tom Lydon checks in on some red-hot commodity trades and shares how he'd play the moves. With CNBC's Bob Pisani.
(Kitco News) - Hedge funds continue to invest in gold and reduce their bearish bets, according to the latest data from the Commodity Futures Commission; however, some analysts warn investors that sentim...