Previous Close | 9.67 |
Open | 9.72 |
Bid | 9.72 x 800 |
Ask | 9.77 x 41800 |
Day's Range | 9.55 - 9.77 |
52 Week Range | 7.08 - 10.88 |
Volume | |
Avg. Volume | 4,656,050 |
Market Cap | 4.769B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 4.50 |
EPS (TTM) | N/A |
Earnings Date | Oct 30, 2024 - Nov 04, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
With uncertainties still present and the potential of an overreaction by the market, investing in commodity ETFs with exposure to metals like gold, copper, silver and uranium is a smart strategy to reduce portfolio volatility.
Silver and gold are again grabbing investor attention following bouts of softer U.S. data, which boosted prospects of an interest rate cut by the Fed in September. However, silver has an edge over gold due to various reasons.
SPDR Gold Trust ETF (GLD), which tracks the price of gold bullion, has gained 9.3% in the past month. In comparison, iShares Silver Trust (SLV), the ultra-popular silver ETF, has outperformed its gold cousin, climbing 12.6% in the same time frame.