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Amid Soaring Gold, Silver Prices, Bank of America Is Bullish On These 4 Promising Metal ETFs For Good Investment Returns
Monday, May 27, 2024 - 3:34am | 550In the wake of surging gold and silver prices, Bank of America has highlighted four exchange-traded funds (ETFs) that offer attractive exposure to precious metals. What Happened: The top-ranked ETFs by BoFA include abrdn Physical Silver Shares ETF (NYSE:SIVR), iShares Silver Trust (NYSE:SLV),...
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A New Gold ETF For Frugal Investors
Friday, September 1, 2017 - 8:22am | 580Exchange-traded funds have made gold investing accessible to a broader swath of investors, a theme pioneered by the SPDR Gold Shares (NYSE: GLD). Today, GLD is the world's largest bullion-backed ETF and that success has, predictably, invited plenty of competition. Typically, the most effective...
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Gold Futures Over $1,300 Give Mining Stocks A Boost
Monday, August 28, 2017 - 4:00pm | 240December gold futures are trading higher by $17.90 at $1,315.80 in Monday's after-hours session. After flirting with a breakout over the psychological $1,300 level over the last seven sessions, they have finally cleared that hurdle. They are now trading at their highest level since Nov. 4, when...
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Copper Tries To Win Gold Among Commodities
Friday, August 25, 2017 - 9:40am | 538For all the talk about slumping commodities prices against the backdrop of a weaker dollar, there is copper. One of the most widely watched commodities is surging this year. After climbing about 2 percent on above-average volume on Thursday, the iPath Bloomberg Copper Subindex Total Return ETN (...
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Silver ETFs Slide As Dollar Bounces
Wednesday, August 16, 2017 - 8:30am | 524Though it is still in the doldrums relative to other currency exchange-traded funds, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) has perked up in recent sessions. The dollar's awakening, albeit modest, is pressuring commodities and the related ETFs, including silver funds. The...
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Copper Surge Lifts A Familiar ETF
Monday, July 31, 2017 - 8:40am | 529Commodities markets are aflutter over the recent strength in copper. With the red industrial metal residing at its highest levels in two years and breaking out on the charts, the widely followed iPath Bloomberg Copper Subindex Total Return Sub-Index ETN (NYSE: JJC) is up nearly 7 percent over the...
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Going For The Gold With A New Gold Miners ETF
Friday, June 30, 2017 - 9:58am | 631Exchange-traded funds have popularized investing in gold miners and made that asset class more accessible to a broad swath of investors. For example, the two largest gold miners ETFs have a combined $12.1 billion in assets under management and are among the most heavily traded ETFs in the U.S. The...
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Gold Did Something Really Interesting In April
Tuesday, May 2, 2017 - 8:19am | 593The SPDR Gold Shares (NYSE: GLD), the world's largest exchange-traded product backed by physical holdings of gold, rose 1 percent in April. On the surface, that does not sound all that impressive. After all, there have certainly been months over GLD's lengthy trading history that the ETF...
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Silver Shines Among 2016's Best ETFs
Wednesday, December 28, 2016 - 11:09am | 604This is how strong silver and the related exchange-traded funds have been in 2016: The iShares Silver Trust (ETF) (NYSE: SLV) labors 23.2 percent below its 52-week high set in August, putting the largest silver ETF in a bear market, but SLV is still higher by 14.7 percent year-to-date. Although...
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Gold ETFs Are Still A Smart Volatility Hedge
Monday, September 12, 2016 - 2:03pm | 577Gold is not bereft of volatility, but the yellow metal is often thought as a hedge against equity market turbulence. Treasury yields rest near historic lows and the Federal Reserve has yet to raise interest rates this year. In other words, 2016 has been a pretty year for equities and fixed income...
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Reasons Why This Gold Miners ETF Can Keep Soaring
Tuesday, July 5, 2016 - 1:17pm | 457Count the Sprott Gold Miners ETF (ALPS ETF Trust (NYSE: SGDM)) among this year's high-flying gold miners exchange-traded funds. SGDM, which is just a few days shy of its second anniversary, is up more than 114 percent year-to-date. Hooray For Gold SGDM's underlying index “seeks to...
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A Different Type Of Gold Miners ETF
Monday, April 25, 2016 - 9:21am | 546It is not a secret that gold and silver miners exchange-traded funds are topping their physically-backed counterparts in significant fashion this year. For example, the Market Vectors Gold Miners ETF (NYSE: GDX), the largest gold miners ETF, is up about 65 percent year-to-date, or more than triple...