Tag: Gold ETFs

Learn the basics of commodities trading, including the most traded commodities worldwide, and what it takes to be a successful trader in this class.

The Fed is scheduled to meet this week. With the S&P 500 at record highs, could the Fed play spoilsport at this week's meeting?

Volatility is pushing investors toward supposedly safer investments, but Warren Buffett has been vocal lately about his dislike for gold.

Yesterday, Goldman Sachs' strategist warned of high volatility in October. Based on Goldman Sachs' data, since 1928 volatility in October is 25% higher.

On Wednesday, Alan Greenspan told CNBC, "Overall, the economy seems to be sagging." According to President Trump, the economy is in great shape.

Gold closed at $1,541 per ounce yesterday. Despite Trump's reassurances that trade talks are progressing, bond markets seem to be preparing for a recession.

Gold hit a fresh six-year high on Friday as trade tensions between the US and China escalated. The SPDR Gold Shares ETF (GLD) closed up 2%.

Mark Mobius endorsed gold. He predicted that gold (GLD) might top $1,500, which came true. The commodity traded at $1,514.5 at 8:45 AM ET.

The US Dollar Index, which measures the strength of the dollar against a basket of other currencies, has risen 2.2% in the past month.

On August 12, in a note, Goldman Sachs's David Kostin said, "Services stocks have less exposure to trade conflict given they have lower foreign input costs."