iShares Gold Trust

NYSE ARCA: IAU
$44.04
-$1.10 (-2.4%)
Closing price April 22, 2024
iShares Gold Trust is a U.S.-based exchange-traded fund (ETF) that primarily focuses on investing in gold. Managed by iShares Delaware Trust Sponsor LLC, it aims to mirror the daily performance of gold bullion prices. Since its inception in 2005, the fund offers investors a straightforward way to gain exposure to the gold market without the need to physically own the metal.
Less than two months ago, CME Group Inc. (NYSE: CME) lowered margins on its 100-ounce Comex gold contracts in what the company said was part of its “normal review of market volatility to ensure...
The move up and the sudden move down in gold today has been almost impossible to ignore.  Gold was up more than $15.00 above $1,681.00 today, but now gold is DOWN over $20.00 and back under...
The new gold rush is the same as the ultimate flight to quality… Rather than chasing dollars and getting great income of the United States bond market, gold continues to move toward being a...
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the afternoon. Silver has...
The CME Group Inc. (NYSE: CME) has announced changes to its margin requirements for a number of commodities. The changes, some increases and some decreases, cover a variety of oil-related contracts,...
Less than two weeks ago we were given an exclusive interview with Tom Winmill of the Midas Fund (NASDAQ: MIDSX).  Winmill told us he believes that gold will reach $1,700/ounce in 2011 and he also...
This week’s “Top Analyst Calls” is a much more inclusive list than it has been of late, and this week have selected “8 Top Analyst Calls of the Week” rather than just...
2011 is not looking at all like 2010 when it comes to the initial trading for gold prices.  This morning we see that Gold is trading lower yet again in London and the gold bugs have to be wondering...
Gold was the darling trade for commodity investors and those seeking safe harbors as central banks printed money and promised to dilute their currencies for the future.  The first trading day of the...
Traders and investors have generally tended to flock to the SPDR Gold Shares (NYSE: GLD) for the gold trade when it comes to an exchange-traded product backed by real gold.  That has not kept...
Goldman Sachs periodically updates its outlook on sectors and the economy with a one to two-year horizon.  Yesterday’s upgrade of economic output in 2011 is accompanied by some interesting aspects...
It has been impossible to ignore the sideways trading pattern in gold of late. Despite a 1.5% move up on Tuesday, gold bugs, traders, and investors in the SPDR Gold Shares (NYSE: GLD), iShares Gold...
Tuesday’s drop in gold may be a culmination of many things and Wednesday’s attempt at a recovery needs to be watched closely.  Profit taking, China rate hike, currency extremes with reversal,...
Exchange traded funds cover almost every strategy that the retail investor can imagine.  If you can’t find an ETF, there may be a futures contract out there to trade an instrument.  As if the...
Gold ETFs just keep growing.  Investors are going to the shiny yellow stuff in droves despite that new highs keep getting hit.  As central banks race to zero on devaluing their currencies, gold is...