abrdn Physical Gold Shares ETF

NYSE ARCA: SGOL
$22.68
-$0.17 (-0.7%)
Closing price April 17, 2024
The abrdn Physical Gold Shares ETF, managed by Aberdeen Standard Investments, is a fund that focuses on investing in gold. It aims to mirror the actual market price of gold bullion, providing investors with a way to invest in gold without having to buy the physical metal themselves. Launched in 2009 and based in the United States, this ETF offers a straightforward approach to gold investment.
Quantitative easing is back on the table and back in traders’ pockets.  Forget about what Ben Bernanke said at Jackson Hole about vigilance.  This is after Mario Draghi’s bond buying news this...
The recession did something interesting to platinum.  It took away much of its relevance, and the rising gold prices helped to take away platinum’s historic premium. Due to major labor strike with...
Source: Jon OggThe Euro is not just back above $1.25 in mid-day trading after the European stock markets have closed for the day… It is approaching $1.26 and the implied market chatter (which we...
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...
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...
There is becoming an ETF for everything, and now a new combined metals ETF is being launched that will hold hold silver, platinum and palladium in fixed weights.  ETF Securities announced today that...
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...
They say there is an ETF for just about any strategy.  Gold investors and other precious metal investors are now getting a new ETF that will trade as a single basket of metals.  The ETFS Physical...
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,...
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...
After seeing headlines “The Yen at Multi-Year Highs Against the Dollar” for days, we finally saw a sudden change.  Japan intervened on its currency to prop up the US Dollar.  This may not be...
While many remain bullish on gold, the recent trading activity has been impossible to ignore.  Our technical analysis affiliate, Adam Hewison of INO, has a quick yet detailed audio-visual...
The gold trade is becoming too concentrated.  For a nearly free-market mentality, this almost hurts to say.  The SPDR Gold Shares (NYSE: GLD) has just become too large.  The company’s website...