IAU - iShares Gold Trust

NYSEArca - NYSEArca Delayed Price. Currency in USD
12.23
-0.03 (-0.24%)
At close: 4:00PM EDT

12.23 -0.01 (-0.04%)
Pre-Market: 8:53AM EDT

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Previous Close12.26
Open12.23
Bid0.00 x 308300
Ask0.00 x 305200
Day's Range12.21 - 12.26
52 Week Range11.61 - 13.11
Volume9,847,689
Avg. Volume13,568,710
Net Assets12B
NAV12.52
PE Ratio (TTM)N/A
Yield0.00%
YTD Return-0.40%
Beta (3y)0.24
Expense Ratio (net)0.25%
Inception Date2005-01-21
Trade prices are not sourced from all markets
  • Why the RAAX Fund Is Mostly Bullish on May Positioning
    Market Realist20 days ago

    Why the RAAX Fund Is Mostly Bullish on May Positioning

    RAAX remains fully invested across commodities, natural resource equities, and MLPs. As they were at launch, the largest weightings remain in diversified commodities (30%), gold bullion (20%), and agribusiness equities (20%). However, its allocation to gold equities now stands at 10%, increasing overall gold exposure to 30%.

  • The RAAX Fund’s April Performance: Must-Knows
    Market Realist20 days ago

    The RAAX Fund’s April Performance: Must-Knows

    The VanEck Vectors Real Asset Allocation ETF (RAAX) launched, on April 9, into a period of strong performance for real assets. RAAX performed well on both an absolute and relative basis. Through April, in the first 16 days of its life, RAAX returned +2.98% based on net asset value versus +2.41% for its benchmark, the Blended Real Asset Index, which is comprised of an equally weighted blend of the returns of Bloomberg Commodity Index, S&P Real Assets Equity Index, and VanEck Natural Resources Index*. Equal weightings are reset monthly.

  • 7 Ways To Profit From Trump's Cancellation Of North Korean Summit
    Investor's Business Daily27 days ago

    7 Ways To Profit From Trump's Cancellation Of North Korean Summit

    When stocks sell off, gold often shines. The stock market fell sharply Thursday after President Trump canceled the summit with North Korean leader Kim Jong Un.

  • Did Ray Dalio and John Paulson Revise Their Gold Positions in Q1?
    Market Realistlast month

    Did Ray Dalio and John Paulson Revise Their Gold Positions in Q1?

    Ray Dalio Is Holding on to Gold: Are You? As the 13F filings became available during the start of last week, much of the market buzz was about what money managers are holding and what they are staying away from. Ray Dalio held his holdings in the SPDR Gold Shares (GLD) Fund and the iShares Gold Trust (IAU) constant.

  • How the Dollar’s Surge Affected Precious Metals
    Market Realistlast month

    How the Dollar’s Surge Affected Precious Metals

    One of the most crucial factors causing a slump in the price of precious metals is the revival of the US dollar. The DXY, which prices the dollar against a basket of six major world currencies, rose 0.68% on May 15. The DXY gained 3.8% over the last month.

  • Could Investors Keep Pouring Money into Gold ETFs?
    Market Realistlast month

    Could Investors Keep Pouring Money into Gold ETFs?

    Gold ETF investors bought 173.4 tons of gold in 2017, which was 9% higher year-over-year. In 2018 year-to-date, the inflows in gold-backed ETFs have been strong. In times of increased volatility, investors are repositioning their portfolios to include more gold as a volatility hedge. Expectations of a global trade war triggered by President Trump’s import tariffs could lead investors to seek a haven in gold.

  • How Miners’ Technical Indicators Compare
    Market Realistlast month

    How Miners’ Technical Indicators Compare

    In this part of the series, we’ll look at the correlation between gold and four mining stocks: Alamos Gold (AGI), First Majestic Silver (AG), B2Gold (BTG), and Royal Gold (RGLD). Mining stocks generally move with gold prices. Among these four miners, Alamos Gold has shown the highest correlation with gold this year, while B2Gold has had the lowest correlation.

  • What the Gold-Platinum Ratio Indicates
    Market Realistlast month

    What the Gold-Platinum Ratio Indicates

    Lower platinum prices are a major concern for platinum miners in Africa. Platinum, like palladium, is used to cut down carbon monoxide emissions and as a catalyst in vehicle engines. It is also used in diesel-based generators. The platinum market has been in short supply for the last few years, and its deficit is expected to expand to a short supply of 275,000 ounces in 2018.

  • The Most Crucial Determinant of Gold Prices
    Market Realistlast month

    The Most Crucial Determinant of Gold Prices

    Another crucial factor behind precious metals’ rise was the US dollar index, which fell 0.42% on May 10. The DXY had gained over the last month, rising 3.4%, while gold fell 1.6%. Over the past few months, the US dollar (UUP) has been the most critical driver of gold prices.

  • How Are Miners’ Correlations Moving in May?
    Market Realistlast month

    How Are Miners’ Correlations Moving in May?

    In this part of the series, we’ll look at the correlation between gold and four mining stocks: New Gold (NGD), Newmont Mining (NEM), Hecla Mining (HL), and Kinross Gold (KGC). For the most part, mining stocks move in tandem with gold prices. Among these four miners, Newmont has shown the highest correlation with gold this year, while Hecla has shown the lowest correlation.

  • Broader-Market Correction Failed to Boost Gold Equities
    Market Realist2 months ago

    Broader-Market Correction Failed to Boost Gold Equities

    3. Gold stocks have yet to recover from the early February sell-off: Investors viewed the general market sell-off as an overdue correction, rather than the reemergence of systemic risks. This interpretation precluded a flight to safe havens, causing gold and especially gold stocks to sell-off with the market in early February. As a result, RBC Capital Markets notes that the gold producers are trading at a roughly 20% discount to their historic valuations.

  • Are Gold Miners’ Cost Concerns Overblown?
    Market Realist2 months ago

    Are Gold Miners’ Cost Concerns Overblown?

    After talking with many producers about their cost drivers, we believe cost concerns are overblown and that costs will fluctuate around the $900 level for the foreseeable future. It seems the labor market has tightened somewhat in Australia, but companies are not reporting any wage pressures In fact, BMO Capital Markets sees the all-in costs of the gold companies in their coverage universe declining 8% in 2019. In its 2018 “Gold Yearbook,” the New York–based CPM Group showed that AISCs (all-in sustaining costs) for gold mining companies (GDX)(IAU) bottomed out in 1Q16 to $871, down 27% from the peak of $1,187 in 3Q12.

  • Why Markets Are Ignoring Gold Equities
    Market Realist2 months ago

    Why Markets Are Ignoring Gold Equities

    There are several reasons for the underperformance: A lack of interest in safe-haven3 investments: While volatility has returned to markets this year, it has yet to reach worrying levels that might motivate investors to hedge their exposure. RBC Capital Markets reports the six-month trailing beta to gold of the VanEck Vectors® Gold Miners ETF has declined to 1.5x, compared to a historical average of 2.0x. The corresponding betas for the VanEck Vectors® Junior Gold Miners ETF is 1.7x and 2.2x, respectively. ...

  • Domestic Issues Curtailed Bullion Demand in India
    Market Realist2 months ago

    Domestic Issues Curtailed Bullion Demand in India

    Physical demand in India has been weak for a couple of years now due to import restrictions, taxation, and currency changes. While we wait for favorable developments from India, the positive trend in prices has been driven by investment demand for gold bullion exchange traded products (ETPs). According to the WGC (World Gold Council), though gold (SGOL) demand in India increased 9% in 2017 to 727 tons, it was much less than the average five-year demand of 810 tons.

  • How Is Platinum Performing in 2018 So Far?
    Market Realist2 months ago

    How Is Platinum Performing in 2018 So Far?

    Depressed platinum prices are a major concern for platinum miners in Africa. Platinum, like palladium, is used to cut down carbon monoxide emissions and as an autocatalyst in vehicle engines. The platinum market has been in short supply for the last few years.

  • Who are the Biggest Gold Investors?
    Motley Fool2 months ago

    Who are the Biggest Gold Investors?

    Digging into the largest holders of gold in the world.

  • IMF Warns of Inflation Surprise: Could It Be Good for Gold?
    Market Realist2 months ago

    IMF Warns of Inflation Surprise: Could It Be Good for Gold?

    The International Monetary Fund (or IMF) also warned on April 18, 2018, that the unexpected rise in US inflation could cause significant global tensions, which could force central banks to respond firmly. It added that a hike in inflation in the US could lead the Federal Reserve to raise interest rates faster than expected. The director of the IMF’s monetary and capital markets department, Tobias Adrian, said, “What we are flagging is that at some point markets see shocks in inflation that raise inflation uncertainty and when that happens, that is associated with a rise in long-term interest rates and that might lead to a tightening in financial conditions.” While he said that the uncertainty regarding US inflation is very low, markets could have an outsized reaction to any spike.

  • How Fall of the Dollar Is Impacting Precious Metals and Miners
    Market Realist2 months ago

    How Fall of the Dollar Is Impacting Precious Metals and Miners

    One of the market indicators for gold that has been consistently playing a significant role in the determination of the directional move for precious metals is the US dollar, depicted by the Dollar Index (or DXY). The other three precious metals have fallen. The above chart shows the inverse relationship between the dollar and VXY over the past month. The relationship between precious metals (IAU) (SLV) and the US dollar (UUP) remains negative.

  • 3 Top Gold ETFs -- Which Is the Best to Buy?
    Motley Fool2 months ago

    3 Top Gold ETFs -- Which Is the Best to Buy?

    All three of these gold ETFs can give you exposure to the precious metal, so which should you choose?

  • Global Jitters Keep Precious Metals Buoyant, but for How Long?
    Market Realist2 months ago

    Global Jitters Keep Precious Metals Buoyant, but for How Long?

    April 11, 2018, marked the fourth straight day of a rise in gold’s price. Gold rose 1.1% on the day and closed at $1,356.5 per ounce. The volatility reading in gold stood at 13%, a little higher than the previous day’s reading. Gold’s RSI (relative strength index) level also jumped to 61.

  • How Economic Data Could Play Precious Metals
    Market Realist3 months ago

    How Economic Data Could Play Precious Metals

    Precious Metals, Mining Companies, and Their Technicals

  • Why Precious Metals Fell on March 28
    Market Realist3 months ago

    Why Precious Metals Fell on March 28

    Why Precious Metals Fell on March 28Precious metals

  • The Interrelation of Gold and Silver: Reading the Spreads
    Market Realist3 months ago

    The Interrelation of Gold and Silver: Reading the Spreads

    All These Are Playing Gold: Are You? When considering the performance of precious metals and precious metal mining companies, it’s important to analyze their interrelationship by way of spread measures. There has been a significant up-down movement in precious metals since the beginning of 2018.

  • Does Rising Inflation Support Gold?
    Market Realist3 months ago

    Does Rising Inflation Support Gold?

    All These Are Playing Gold: Are You?

  • Gold Touched Its 5-Week High, and Silver Followed
    Market Realist3 months ago

    Gold Touched Its 5-Week High, and Silver Followed

    All These Are Playing Gold: Are You? Gold had another up day on Monday, March 26, 2018, increasing 0.38% and touching its five-week high of $1,354.10 per ounce. It seems that the rise in precious metals was supported by the increased financial instability in the markets.