Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Is the Gold ETF Rush Over? Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, November 16, 2010

Is the Gold ETF Rush Over?

News summary by MFWire's editors

Last week's gold pullback is a stark reminder of the precious metal's volatility and is sparking concerns that investors may be piling into precious metals ETFs just in time for a price correction, according to today's Fund Track column.

For example, the Wall Street Journal's John Spence writes that iShares Silver Trust [see profile] last week tripled its one-day trading volume record on Tuesday when more than 149 million shares changed hands. The ETF dropped some three percent last week as tighter margin requirements for silver futures added to the selling pressure.

However, undaunted investors have reportedly placed their optimism, and money, into precious metals ETFs such as the $4.8 billion iShares Gold Trust, which has seen inflows pick up since it split 10-for-1 earlier this year. The iShares Gold Trust has an expense ratio of 25 basis points.

ETFS Physical Platinum Shares [see profile] and ETFS Physical Palladium Shares, which were both launched this year, have also reportedly gotten off to a strong start in terms of gathering assets.

Fundsters wondering if they're too late in joining the precious metals ETF party may want to check out the rest of the article. 

Edited by: Hung Tran


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use