Gold ETFs: GLD, GDX

With rising commodity prices and signs of increasing inflation around the globe, interest in gold is high as investors seek to maintain the purchasing power of their portfolios.

There are several ways to gain exposure with Gold ETFs. The largest gold ETF is the $19 billion streetTracks Gold Shares (NYSEArca: GLD). GLD is a trust designed to reflect the performance of the price of gold bullion and has traded with less volatility than the CBOE’s equal-weighted index of 10 companies involved primarily in gold mining and production (Ticker: GOX).


For more information on GLD, see the State Street website.

If you have an appetite for investing in gold miners rather than in bullion, check out Market Vectors Gold Miners ETF (Amex: GDX) which tracks a market-cap weighted index of 34 companies that are involved primarily in the mining of silver and gold. Top holdings as of April 10 include Barrick Gold Corp. (NYSE: ABX), Goldcorp Inc. (NYSE: GG) and Newmont Mining (NYSE: NEM).

For more information on GDX, see the Van Eck Global website.

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