-
Move Over Miners, Hedge Funds Are The New Gold Diggers ... Ray Dalio, BlackRock, Goldman Sachs, Others Stake Claims In GLD
Thursday, May 15, 2025 - 7:03pm | 650Gold rush is back, and instead of miners and pickaxes, its hedge funds and billion-dollar spreadsheets. Ray Dalio’s Bridgewater Associates opened a fresh $318.8 million position in SPDR Gold Trust (NYSE:GLD) during the first quarter of 2025, as per a new 13F filing with the SEC. For the...
-
Gold Nears $3,400 Mark, Experts Point To Likely 'Correction' Amid Bull Market: 'Rates Will Drop Like Rock'
Thursday, April 17, 2025 - 4:33am | 1429Gold prices have been scaling fresh highs amid the global market uncertainty, however, some experts point out that a severe correction could be looming amid this gold bull run. What Happened: While the Gold Spot U.S. Dollar has scaled a fresh high at $3,357.81 per ounce and trades above the 3,300-...
-
Gold Fund Inflows Smash Record With $80 Billion In 2025 — These ETFs Are Riding The $3,300 Surge
Wednesday, April 16, 2025 - 8:12am | 1289Amid the staggering rally in the Gold prices, the gold fund net inflows have hit a record of $80 billion year-to-date, doubling over its previous record high in 2020, according to the BofA Global Investment Strategy report. What Happened: A BofA Research graph shared by the Kobeissi Letter on X...
-
Gold Holds Above $3,100 Mark Amid Growing Economic Uncertainty: Here Are Some ETFs To Capitalize On The Golden Rush
Wednesday, April 2, 2025 - 4:10am | 908As gold prices have been scaling new highs, experts believe there are more legs to this surge amid the growing economic uncertainty fueled by mixed economic data and President Donald Trump‘s impending tariffs. What Happened: Gold prices scaled a fresh high of $3,149.03 per ounce on Tuesday,...
-
Gold Speculators Pave The Way For 'Multiyear Bull Market In Metals'
Monday, March 11, 2024 - 11:29am | 521The price of gold continues its record run. Speculators are piling into the precious metal at a rate not seen since 2019. The price of gold futures dipped by 0.1% on Monday. But, a series of new record highs were struck last week. Over the five trading sessions of last week, gold added 4.3%...
-
Crypto Set To Outshine Global Currencies, BlackRock CEO Predicts
Friday, July 14, 2023 - 12:00pm | 467Characterizing cryptocurrencies as a "global asset" that possesses a "distinctive value compared to other asset classes," BlackRock Inc (NYSE: BLK) CEO Larry Fink expressed on Friday his belief that cryptocurrency will surpass international...
-
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...
-
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...
-
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...
-
Whoops! A Fat Finger Order Sends Gold Plunging
Monday, June 26, 2017 - 12:11pm | 417The price of gold fell to a multiweek low on Monday after a trader made a grave mistake. Spot gold fell around 1 percent Monday morning to trade as low as $1,236.46, which marks the lowest level the commodity has seen since May 17, Bloomberg reported. U.S. gold futures also lost nearly 1 percent to...
-
An ETF Idea For The Fed Meeting
Monday, June 12, 2017 - 8:27am | 479Next week is a Federal Reserve week with plenty of market participants expecting the Federal Open Market Committee to boost U.S. interest rates. Gold and the related exchange traded products, including the SPDR Gold Shares (NYSE: GLD), often come into focus during Fed weeks. What Fed Means For Gold...
-
A Surprise Friend For Gold ETFs
Monday, May 8, 2017 - 8:51am | 451The past few weeks have been unkind to gold and the related exchange-traded funds, but the SPDR Gold Trust (ETF) (NYSE: GLD) is still up nearly 7 percent year-to-date. GLD's year-to-date showing is arguably impressive amid tepid first-quarter demand for quarter. Additionally, the Federal...
-
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...
-
Interest Remains In Them Thar Gold Miners ETFs
Monday, January 9, 2017 - 4:13pm | 541As is usually the case, the VanEck Vectors Gold Miners ETF (NYSE: GDX) and the VanEck Vectors Junior Gold Miners ETF (NYSE: GDXJ), the two largest gold miners exchange traded funds by assets, had interesting years in 2016. All That Glitters After soaring out of the gates to place as two of the best...
-
Here's Why You Should Buy The Dip In Gold ETFs
Tuesday, October 25, 2016 - 10:00am | 509After spending considerable time as one of this year's hottest exchange-traded funds, the SPDR Gold Trust (ETF) (NYSE: GLD), the world's largest ETF backed by physical holdings of gold, has retreated 5.5 percent over the past month. Not surprisingly, much has been made of this decline....