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Top Gold ETFs Gainers (NYSE: GDX, GLD, IAU)
Top Gainers
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Gold ETFs are trading up sharply as Gold Price is currently higher by $18.20 or 1.75% to $1058.6 an ounce.
Market Vectors Gold Miners (ETF) (NYSE:GDX) climbed 4% to $44.03. So far this ETF is up over 30%. Market Vectors Gold Miners ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the NYSE Arca Gold Miners Index (the Index) by investing in a portfolio of securities that generally replicates the Index.
SPDR Gold Trust (ETF) (NYSE:GLD) is also moving up and currently up 1.50% at $104.14 on huge volume. SPDR Gold Trust (the Trust), formerly StreetTRACKS Gold Trust, is an investment trust. The Trust holds gold, and from time to time, issues SPDR Gold Shares (Shares) in Baskets, in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets.
iShares COMEX Gold Trust (ETF) (NYSE:IAU) jumped 1.50% to $104.24. This year IAU is up over 20%. iShares COMEX Gold Trust (the Trust) is a grantor trust. The purpose of the Trust is to own gold transferred to the Trust in exchange for shares issued by the Trust.
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