Gold

Merk Gold Trust intends to launch a new gold ETF, using the ticker OUNZ, with one key difference which sets it apart from the others. Shares may be delivered to the trust in exchange for physical gold. Read more here.

It seems that gold mining ETFs are being hit hard to day as can be witnessed by our Top 10 Gainers and Losers chart at ETF.com.

According to the World Gold Council, the price of an ounce of gold in 2009 averaged $972.32 while the price of an ounce in 2010 averaged $1,224.52.  Athough 2010 was the second-best year for exchange-traded products backed by gold, the net inflow fell 41% from 2009. Inflows into ETFs and other exchange-traded products have declined [...]

The World Gold Council stated that inflow into gold back ETFs and other such products was pegged at 361 metric tons in 2010. The gold industry trade group also revealed that total holding had reached 2167 metric tons valued at $98 billion by end of the year. Gold is a universal favorite in times of [...]

NEW DELHI: Axis Mutual Fund today launched its new open-ended exchange traded fund, Axis Gold ETF, focused on gold-related investment and derivatives. The fund will allocate a maximum of 100 per cent of its corpus for investment in gold, including derivatives. It might also invest up to 10 per cent of its corpus in money [...]

Assets continued to flow into U.S. exchange-traded funds during the month of July despite significant outflows from gold’s largest ETF. July is the sixth straight month that assets have flowed into ETFs and the emerging market class was the primary reason for the current month’s growth. Emerging market ETFs attracted the most assets with $4.6 [...]

Assets continued to flow into U.S. exchange-traded funds during the month of July despite significant outflows from gold’s largest ETF. July is the sixth straight month that assets have flowed into ETFs and the emerging market class was the primary reason for the current month’s growth. Emerging market ETFs attracted the most assets with $4.6 [...]

The largest gold ETF, SPDR Gold Shares (GLD: Profile, Quote, Advanced Chart, News), has taken a moment to catch its breath after hiking up the charts for most of the year. Fear of deflation was the main factor in a recent four-day decline of approximately 2% for GLD, according to MarketWatch. Looking back on the [...]

Assets continued to flow into U.S. exchange-traded funds during the month of June thanks to bond and gold ETFs. June is the fifth straight month that assets have flowed into ETFs to keep the trend rising. Taxable-bond ETFs attracted the most assets with $4.7 billion for June, according to the press release. Two of the [...]

When it comes to investing in a gold ETF, the most common place for investors to turn is the SPDR Gold Shares ETF (GLD: Profile, Quote, Advanced Chart, News). GLD is not only the most popular ETF in the precious metals industry, but it is one of the most heavily traded funds in the entire [...]