Gold Continues Run

October 8, 2009 12:39 PM EDT

With continued dollar weakness, Gold is running higher again. Spot Gold last traded at $1059.60, versus yesterday close of $1044.60.

Many have been gaining exposure to gold through ETF SPDR Gold Shares (NYSE: GLD) or through the miners as represented by Market Vectors Gold Miners ETF (NYSE: GDX), which seeks to replicate the price and yield performance of the NYSE Arca Gold Miners Index. Top holdings of the index include Barrick Gold (NYSE: ABX), Goldcorp (NYSE: GG), Newmont Mining (NYSE: NEM), Kinross Gold (NYSE: KGC), and Yamana Gold (NYSE: AUY). There is also a new gold ETF - ETFS Physical Swiss Gold Shares (NYSE: SGOL) - that traders are starting to use.


Related Categories

Insiders' Blog
Trader Talk

Stocks Mentioned

ABX 42.54

-1.45 -3.30%
Volume: 7,245,130
Track ABX

AUY 13.18

-0.68 -4.91%
Volume: 15,579,815
Track AUY

GDX 50.82

-2.01 -3.80%
Volume: 10,086,942
Track GDX

GG 42.44

-1.99 -4.48%
Volume: 7,120,285
Track GG

GLD 115.06

-1.56 -1.34%
Volume: 21,230,911
Track GLD

KGC 19.37

-0.93 -4.58%
Volume: 6,196,050
Track KGC

NEM 53.35

-1.55 -2.82%
Volume: 5,969,984
Track NEM

SGOL 117.35

-1.59 -1.34%
Volume: 182,968
Track SGOL


Add Your Comment