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Bitcoin ETFs Dominate With Strong Inflows, Leaving Gold ETFs In The Dust
Thursday, March 7, 2024 - 9:55am | 457Significant interest in newly launched Bitcoin spot ETFs continued on Wednesday, with total net inflows reaching $332 million on March 6. This surge comes despite a net outflow of $276 million from the long-established Grayscale Bitcoin Trust (OTC: GBTC), according to data from SoSoValue....
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Unlocking Gold Mining's Supercycle: Insights From Benzinga's Virtual Conference
Monday, July 24, 2023 - 12:53pm | 933In the latest virtual conference presented by Benzinga, three outstanding experts and industry professionals gathered to explore the prospects of a new “Supercycle” for gold miners. Delving into crucial factors affecting the performance of gold mining stocks, they discussed Fed...
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State Street Strategist: Every Portfolio Can Benefit From Gold
Thursday, February 8, 2018 - 3:42pm | 427Gold prices tend to move lower at the early stages of a stock market sell-off, according to one gold expert. The Expert George Milling-Stanley, head of State Street Global Advisors' gold strategy. The Thesis When faced with the prospect of margin calls, many investors and traders aren't...
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Technical Breakdown: When To Buy Gold
Wednesday, September 6, 2017 - 8:52am | 323Is now a good time to buy gold if it's at the early stages of a sustainable long-term rally? The most commonly tracked exchange traded fund for gold, SPDR Gold Trust (ETF) (NYSE: GLD), is up more than 16 percent since the start of 2017 but still nearly flat from a year ago. On Tuesday, the...
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Jim Cramer Hates ETFs
Sunday, August 6, 2017 - 3:27pm | 526Exchange-traded funds are a great tool for investors because they offer exposure to many different companies under one stock symbol. But count CNBC's Jim Cramer among the many people who hate ETFs. If there is one particular event that brought ETFs into the spotlight it is the bankruptcy of...
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There's A New Gold ETF: Here's What You Need To Know
Monday, January 30, 2017 - 1:44pm | 317Gold investors are already familiar with one of the most commonly used gold exchange traded funds, the SPDR Gold Trust (ETF) (NYSE: GLD), which is designed to track the price of gold net expenses. A new gold related ETF was introduced on Monday (by the same fund operator State Street): the SPDR...
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Donald Trump: U.S. Dollar Is 'Too Strong'
Tuesday, January 17, 2017 - 10:25am | 391President-elect Donald Trump's comments to the Wall Street Journal prompted a selloff in the U.S. dollar and a spike in gold-related investment tools. Trump told the WSJ that the U.S. dollar is "too strong," which makes it difficult if not impossible for U.S. companies to compete against Chinese...
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Gold Surges To Multi-Year High On A 'Perfect Storm' Of Factors
Wednesday, July 6, 2016 - 8:39am | 396The price of an ounce of gold continued to rise Wednesday morning and is now trading at its highest levels since 2014. An ounce of gold for August delivery was trading at $1,358.70, while the most commonly used exchange-traded fund that tracks the price of gold, the SPDR Gold Trust (ETF) (NYSE: GLD...
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Are Central Bankers To Thank For The Surge In Gold Prices?
Monday, May 16, 2016 - 1:16pm | 274Several exchange-traded funds (ETFs) that hold gold have surged by a quarter in recent memory. The reason for the rise in gold prices? Central banks — at least according to a report by Bloomberg. Bloomberg noted that gold has been 2016's best performing major metal after silver due to rising...
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What's Going On With Gold?
Monday, April 11, 2016 - 8:59am | 365Gold futures continued trading higher early Monday morning and reached its highest levels in almost three weeks. Bloomberg attributed the commodity's gains to a weak U.S. dollar and cautious commentary from the Federal Reserve regarding an interest rate hike. Meanwhile, European governments bonds...
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Reason For Optimism In The Junior Gold Miners ETF Chart
Monday, December 28, 2015 - 12:54pm | 430• The Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) is down 87.0 percent in the past five years. • The ETF may have finally bottomed and has not made a new low since July. • The recent breakout above the 50-day SMA is encouraging, but major resistance remains. There...
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Watch Small Cap, T-Bond And Gold ETFs This Week
Sunday, June 7, 2015 - 12:14pm | 596The first week of trading in June is now in the books and traders are wondering if the summer will bring fresh opportunities or heightened risks. Many factors have weighed on the markets this year including a Greek saga, Federal Reserve policy changes, and lofty equity valuation levels....
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Here's The ETFs Blowing Up On Social Media
Sunday, December 21, 2014 - 12:05pm | 423Market Prophit compiles and analyzes how social media commentary relates to the stock market, and develops statistics that track sentiment. On Friday, Benzinga spoke with CEO Igor Gonta, who pointed out a few trending ETFs in the social media space. 1. United States Oil Fund LP (ETF) (...
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Top Trending Tickers On StockTwits For February 14
Friday, February 14, 2014 - 12:06pm | 902Here's a look at the top tickers trending on StockTwits.com Tesla: Robust sales in California According to Bloomberg, Tesla Motors' (NASDAQ: TSLA) Model S sedan ranks third place among luxury cars in California in 2013. According to a market report from the California New Car Dealers...
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Gold and Silver Gap Closing
Tuesday, September 27, 2011 - 9:34pm | 531Congratulations to investors who read our last post and did the trade of either shorting silver (NYSE: SLV), or buy gold (NYSE: GLD) and short silver. It was a very post as silver just crashed on Thursday, dropping 9% on Tuesday, and then another 14% on Friday. Gold was crushed as well, dropping...