Find your diamond
Find your jewelry
shape
carat
color
clarity

Gold ETFs

Status
Not open for further replies. Please create a new topic or request for this thread to be opened.

fleur-de-lis

Brilliant_Rock
Joined
Apr 25, 2007
Messages
1,343
On a related note, can anyone explain why gold ETFs (like GLD) do not mimic/follow actual gold prices?
 

Dancing Fire

Super_Ideal_Rock
Premium
Joined
Apr 3, 2004
Messages
32,625
Date: 3/4/2009 2:05:13 PM
Author: fleur-de-lis
On a related note, can anyone explain why gold ETFs (like GLD) do not mimic/follow actual gold prices?
GLD should mimic pretty close to 1/10 oz of gold minus trust expenses.
 

Dancing Fire

Super_Ideal_Rock
Premium
Joined
Apr 3, 2004
Messages
32,625
IMO...silver (SLV) would be a better play in the metals market. if...you like to play the metals market.
 

tradergirl

Brilliant_Rock
Joined
Jan 26, 2008
Messages
803
If investment is the objective, it''s better to just own the physical.
 

Dancing Fire

Super_Ideal_Rock
Premium
Joined
Apr 3, 2004
Messages
32,625
the only ETF i''am holding now is USO.i feel so cheated cuz i bought the fund when oil was trading at $36 per barrel and now oil is trading at over $45 but i''m barely making any money on this ETF.
 

Beacon

Ideal_Rock
Joined
Jul 14, 2006
Messages
2,037
It can also trade above or below net asset value, which can cause a failure in tracking. These anomolies should not last long though.

I read GLDs disclosure; it makes you prefer to own the physical gold. Lots of odd things especially regarding insurance of the gold they hold and their limits of liability.
 
Status
Not open for further replies. Please create a new topic or request for this thread to be opened.
Be a part of the community It's free, join today!
    Top Luxury Classic Pieces
    Top Luxury Classic Pieces
    Style File: Catherine, the Duchess of Cambridge
    Style File: Catherine, the Duchess of Cambridge
    Diamond Prices - January 2021
    Diamond Prices - January 2021

Need Something Special?

Get a quote from multiple trusted and vetted jewelers.

Holloway Cut Advisor



Diamond Eye Candy

Click to view full-size image.
Top