As Gold Prices Hit New Highs, Is It Time To Buy Or Cash In Gold Stocks And ETFs?

Blockhead09-17

Gold stocks hold a valuable place in asset allocation for investors, especially in times of high inflation and economic uncertainty. Investing in gold has its challenges, but one of the best ways to ...

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Investing in gold has its challenges, but one of the best ways to ...</p>\n\n<a href=\"https://www.investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As Gold Prices Hit New Highs, Is It Time To Buy Or Cash In Gold Stocks And ETFs?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs Gold Prices Hit New Highs, Is It Time To Buy Or Cash In Gold Stocks And ETFs?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-17 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold stocks hold a valuable place in asset allocation for investors, especially in times of high inflation and economic uncertainty. Investing in gold has its challenges, but one of the best ways to ...</p>\n\n<a href=\"https://www.investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GOLD.AU","symbol_name":"ETFS Physical Gold","start_time":0,"source_url":"https://www.investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/","article_id":"2468635963","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2016/07/stock-gold-5-adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468635963","pubTimestamp":1726574417,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Gold stocks are an alternative in times of market uncertainty and inflation. As gold prices hit highs, what do the charts show for gold ETFs?","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOLD.AU":"ETFS Physical Gold","BK4504":"桥水持仓","LU0496367417.USD":"富兰克林黄金和贵金属A（acc）","BK4017":"黄金","LU0330918003.SGD":"Blackrock World Mining A2 SGD-H","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","BK4532":"文艺复兴科技持仓","GLTR":"Aberdeen Standard Physical Precious Metals Basket Shares ETF","GOLD":"巴里克黄金","BK4570":"地缘局势概念股","LU0498741890.SGD":"FTIF - Franklin Gold and Precious Metals A (acc) SGD","IAU":"黄金信托ETF(iShares)","BK4585":"ETF&股票定投概念","LU0345780521.USD":"NINETY ONE GSF GLOBAL GOLD \"A\" (USD) INC","SG9999001143.SGD":"United Gold and General A Acc SGD","LU0498741114.HKD":"FRANKLIN GOLD & PRECIOUS METALS \"A\" (HKD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU0630314457.HKD":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (HKD) ACC","FDN":"First Trust Dow Jones Internet I","BK4535":"淡马锡持仓","RING":"iShares MSCI Global Gold Miners ETF","FNV":"Franco Nevada Corp","LU1023059493.AUD":"Blackrock World Mining A2 AUD-H","LU0788108826.HKD":"BGF WORLD GOLD \"A2\" (HKDHGD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU0724618789.USD":"BGF WORLD GOLD \"A4\" (USD) INC","LU0345780281.USD":"NINETY ONE GSF GLOBAL GOLD \"A\"  ACC","LU1223083913.SGD":"Schroder ISF Global Gold A Acc SGD-H","LU0345781412.USD":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (USD) INC","BK7054":"投资银行业与经纪业","LU0055631609.USD":"贝莱德世界黄金基金A2","LU1223082196.USD":"施罗德环球黄金A Acc","LU2177674079.SGD":"Fidelity Asia Pacific Opportunities A-ACC-SGD (hedged)","GLDM":"SPDR Gold MiniShares Trust","LU0075056555.USD":"贝莱德世界矿业基金A2","LU0345780950.USD":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (USD) ACC","NUGT":"二倍做多黄金矿业指数ETF-Direxion","GLD":"SPDR黄金ETF","SGOL":"abrdn Physical Gold Shares ETF","LU0368265764.SGD":"Blackrock World Gold Fund A2 SGD-H"},"translate_title":"随着金价创新高，黄金股和ETF是时候买入或兑现了吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SGOL":1,"IAU":1,"GOLD.AU":1,"GOLD":1,"GOAU":1,"GLTR":1,"GLDM":1,"GLD":1,"FNV":1,"NUGT":1,"RING":1,"FDN":0.9},"content_text":"Gold stocks hold a valuable place in asset allocation for investors, especially in times of high inflation and economic uncertainty. Investing in gold has its challenges, but one of the best ways to gain exposure to gold is through the S&P Gold Shares ETF (GLD).\n\n\n\n↑\nX\n\n\n\n\nUsing Options To Find Stocks In Any Market Condition\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nUsing Options To Find Stocks In Any Market Condition\n\n\n\n\nGold provides a natural hedge against inflation and is regarded as a safe-haven investment during downturns in the economy. Many investors believe gold still has a place in long-term portfolios, although the metal has gone through long slumps.\nWhile artificial intelligence stocks have varying results and bitcoin stocks have plunged, gold stocks are in buy zones of bases and reaching new highs.\nMany gold stocks and ETFs started to rally on March 1. On July 16, the GLD ETF topped the 225.66 buy point of a flat base. Although the ETF is now extended from that entry, shares are in a buy range of a four-weeks-tight pattern with a 234.01 entry. That buy zone goes up to 241.03.\nGold prices have soared since March and closed near a record high of $2,580.40 an ounce Monday. Gold futures have climbed more than 25% year to date.\nThat performance trounces the S&P 500's nearly 18% gain so far this year. Gold futures have gained about 43% since their Oct. 6 low.\nWhy Gold Prices Are Climbing\nThe imminent interest-rate cuts from the Federal Reserve should lift gold prices. There are a handful of other factors boosting gold prices, including positive market sentiment, continued geopolitical uncertainty and demand from central banks.\nGold can also be a buffer against a bear market or in the case of an international crisis. The Russia-Ukraine and Israel-Hamas wars are examples.\nGold Prices: A Way To Gain Exposure\nThe GLD ETF is not the same as gold mining stocks, which can be volatile. The ETF aims to match the performance of the price of gold bullion, as quoted in London.\nA gold ETF like GLD is only one way to gain exposure to gold.\nAnother way is by investing in mining stocks like Barrick Gold (GOLD) or Franco-Nevada (FNV). Barrick stock is extended from an 18.95 buy point after reaching a 52-week high on Friday. The company issued a robust earnings report on Aug. 12.\nAnd Franco-Nevada is in a flat base with a 131.69 buy point. It retook its 50-day moving average Thursday. Shares have recovered from a 6.4% drop after the company missed second-quarter profit and revenue estimates on Aug. 13.\nOther ETFs that invest in gold bullion include the iShares Gold Trust ETF (IAU), SPDR Gold MiniShares Trust (GLDM) and Aberdeen Standard Physical Gold Shares (SGOL). Their charts look nearly identical to GLD and they are in buy zones of four-weeks tight patterns.\nOther Gold ETFs Can Help\nIt's also possible to invest in any of the other ETFs that hold gold as one of many precious metals. Examples include U.S. Global Gold & Precious Metals (GOAU) and Aberdeen Precious Metals Basket (GLTR).\nYou can also hold a gold ETF that invests in gold mining stocks, such as iShares MSCI Global Gold Miners (RING) or the leveraged Direxion Gold Miners Bull 2X (NUGT), which leverages a gold mining index. Results among gold ETFs have varied during the gold rally, ranging from a more than 23% gain to a 89% gain since March 1.\n\n\n\nFund\nTicker\n3/1/24 to 9/16\n\n\n\n\nDirexion Gold Miners (Bull 2X)\nNUGT\n89.75%\n\n\nVanEck Gold Miners\nGDX\n52.63%\n\n\nU.S. Gold & Precious Metals\nGOAU\n45.22%\n\n\niShares MSCI Global Gold Miners\nRING\n41.04%\n\n\nS&P Gold MiniShares Trust\nGLDM\n24.67%\n\n\nGraniteShares Gold Trust\nBAR\n23.79%\n\n\niShares Gold Trust\nIAU\n23.76%\n\n\nS&P Gold Shares\nGLD\n23.70%\n\n\nAberdeen Precious Metals Basket\nGLTR\n23.67%\n\n\nAberdeen Standard Physical Gold Shares\nSGOL\n23.59%\n\n\n\nWith trading gold as a commodity, there are several costs involved through the exchanges themselves or through brokers. By investing in mining stocks, investors have to keep in mind that they're investing in a corporation, which requires paying attention to fundamentals and technical analysis and knowing what other products the mining company is invested in.\nA Hedge Against The Rest Of Your Portfolio?\nIn terms of investing in other ETFs that invest in gold bullion, investors have to take liquidity into account. With thinly traded funds, it can be difficult to perform chart analysis. Only IAU, with around $30 billion, comes even remotely close to the $71 billion in market capitalization that GLD has.\nVolume has been rising recently, with NUGT trading an average daily volume of nearly 1.9 million shares, while SGOL trades more than 3.6 million and GLDM sees nearly 3.5 million shares per day.\nIf your goal is to invest in gold as a hedge against the rest of your portfolio, or as a tactical investment, then GLD may be a wise choice.\nIf, however, your interest is to follow the technical signals of GLD's chart, there are indeed good times to buy or avoid the S&P Gold Shares ETF.\nChart Analysis Of Gold Prices\nThe metal has been rising and taking gold stocks and ETFs with it. The GLD EFT reached a record high Monday and is well above its 50-day line.\n\nThe S&P Gold Shares ETF is volatile. It holds an 85 out of a best-possible 99 Relative Strength Rating. As a commodity ETF, it has no earnings and also doesn't pay dividends. GLD has an IBD Accumulation/Distribution Rating of C+.\nS&P Gold Shares can also be used to buy or sell options to generate income. That can be achieved with covered-call options, for example. Gold can be unattractive for income investors because it doesn't have a dividend payment. But using GLD options can enable investors to generate income.\nAre Gold Stocks A Buy Or A Sell?\nWith many leading stocks extended, the gold sector offers fresh opportunities.\nAnd exchange traded funds GLD, GLDM, BAR, IAU and SGOL are all in buy zones, so they are actionable right now. It is a time to buy — not sell — gold ETFs and some gold stocks.\nAnd for the best stocks to buy or watch, check out IBD Stock Lists and other IBD content, such as how to find the best ETFs.\nFollow Kimberley Koenig for more stock market news on X, the platform formerly known as Twitter, @IBD_KKoenig.\nYOU MAY ALSO LIKE:\nF5 Tops Buy Point As Doximity Builds On 39% Burst | Stocks To Watch\nCostco Stock, 3 Others Flash Classic Bullish Sign | Stocks To Watch\nLooking For Market Insights? Check Out Our Live Daily Segment | Stocks To Watch\nIs Tilray A Buy Following Trump Social Media Post?\nInsurance Company Revs Up For Next Move As Profit Growth Continues | Stocks To Watch","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2468635963"}