Tag: price of gold

What Is Keeping Gold Up?

SPDR Gold Trust (GLD) started off 2015 with a 3% gain, which basically erased the losses incurred in the last three week of 2014. The recent recovery in the price of gold was partly related to the depreciation of the…

GLD Continues to lose its appeal

The modest recovery of SPDR Gold (GLD) in recent weeks came after shares of the gold ETF tumbled during the preceding two months. Despite this modest gain, GLD is still underperforming equities. Also, the rise in the gold to silver…

What Is Next for GLD?

golden bar

Shares of SPDR Gold (GLD) are up by 2% since the beginning of the month. The recent release of the minutes of the FOMC didn’t move the precious metal ETF from its current price range. Let’s review the latest minutes…

3 Questions About Gold

The ongoing weakness in the gold market led to a decline in shares of SPDR Gold, the world’s leading gold ETF, in the past several months. This weakness raises concerns whether this ETF could recover anytime soon. In order to…

Is GLD on the Road to Recovery?

SPDR Gold (GLD) changed direction and bounced back in the past several days. Will GLD continue to recover? Let’s examine the latest developments in the U.S that may shed some light on the further progress of GLD starting with the…

GLD: Will This ETF Bounce Back?

The weakness in the gold market has also reflected in the fall in the price of SPDR Gold (GLD) – the ETF lost 5% during September. Will GLD recover from its recent fall? Let’s review the latest developments related to…

GLD: Will This ETF Continue to Come Down?

Gold ETFs SPDR Gold (GLD) didn’t perform well this month so far as it lost more than 4% of its value (up to date). Will GLD continue to come down in the coming days? How will the upcoming FOMC meeting…