SPDR Gold Shares (GLD)
|Day's Range||169.85 - 170.74|
|Inception Date||Nov 18, 2004|
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) - Members of the Group of Seven, representing the top economies in the world, are adding gold to their sanctions against Russia because of its ongoing invasion of Ukraine.
(Kitco News) - Gold remains stuck in its months-long consolidation pattern, and analysts note that a lack of urgency in the marketplace could be keeping retail investors on the sidelines.
Gold futures edged up on Friday, but posted a loss of 0.6% for the week, as copper prices suffered their largest weekly drop since June of last year. "Gold remains trapped in a range as traders await to...
(Kitco News) - Signs of peak inflation and slower growth are reviving risk-on sentiment in the marketplace. And that comes with hopes that the Federal Reserve might not need to tighten as much as previo...
(Kitco News) - Gold and silver prices are weaker in early U.S. trading Friday, with silver scoring a six-week low. The safe-haven metals are seeing some selling pressure as risk appetite has up-ticked m...
(Kitco News) - Gold's volatility has been relatively low compared to other assets as the precious metal retains its "mild bull market" status and trades comfortably between $1,800-$1,900 an ounce. But d...
(Kitco News) - Gold and silver prices are modestly lower in midday U.S. trading Thursday, as the metals markets are participants in a general commodity market erosion led by crude oil. U.S. and global e...
(Kitco News) - Gold prices were trading near daily highs, erasing all early-morning losses, after the release of preliminary manufacturing and service-sector sentiment data for June.
(Kitco News) - Gold and silver prices are moderately lower in early U.S. trading Thursday, weighed down by a higher U.S. dollar index and the recent slump in crude oil prices. August gold futures were l...
Price of Gold Fundamental Daily Forecast – Chart Pattern Suggests Traders Not Fully-Committed to Recession
Falling Treasury yields are one indication that some traders are betting on a recession. However, we're not seeing the same bets in the gold market.