SPDR Gold Shares (GLD)
|Day's Range||165.10 - 166.09|
|Inception Date||Nov 18, 2004|
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.
(Kitco News) - After failing at $1,800 an ounce this week, Wall Street analysts are undecided on where gold is headed next, while Main Street remains bullish, according to Kitco's weekly gold price survey.
(Kitco News) - Gold prices are sharply lower in early U.S. trading Friday and extended early losses following a very upbeat U.S. retail sales report that falls squarely into the camp of the U.S. monetar...
Gold may gain its glitter back in Q4 if the greenback remains subdued, inflation keeps rising and global growth worries return on rising energy prices.
(Kitco News) - Federal Reserve minutes from the September meeting showed central bank officials looking to start reducing their bond-buying stimulus program as soon as mid-November or mid-December, with...
'This is a game-changer for gold': Shift in Fed's rate hike expectations take gold price towards $1,800
(Kitco News) - The new U.S. inflation data release has triggered a rollercoaster ride in gold, with the latest move taking the precious metal nearly $40 higher on the day.
(Kitco News) - Gold and silver prices are posting slight gains in early U.S. trading Tuesday, after a brief rally that pushed prices solidly higher just before a key U.S. inflation report was released.
(Kitco News) - Gold and silver prices are posting good gains in early U.S. trading Tuesday, supported by some chart-based buying, short covering in the futures market, and by a weaker U.S. dollar index ...
(Kitco News) - Karen Jones FTSA and the technical team at Commerzbank have been tracking gold closely. She has noted that the recent bounce in gold needs to clear the moving average resistance at $1795/...
Gold price sees double-digit jump as IMF cuts global growth outlook, cites 'dangerous divergence in economic prospects'
(Kitco News) - The International Monetary Fund trimmed its global growth forecast, citing rising risks from supply chain bottlenecks, price pressures, and threats from the delta variant.
(Kitco News) - Gold prices are steady to slightly lower in early U.S. trading Tuesday, giving up modest overnight gains as the U.S. dollar index has moved to its daily high and the U.S. stock indexes ha...
(Kitco News) - Gold prices are modestly higher in early U.S. trading Tuesday, as the marketplace is unsettled on this day, amid rising energy costs that are impacting other markets, including the metals.
(Kitco News) - Gold's inability to move above $1,800 an ounce is taking its toll, with ABN AMRO now projecting for gold to end this year at $1,700 and next year at $1,500 an ounce.