NYSEARCA:GLD

SPDR Gold ETF (GLD)

396.24
-15.03 (3.65%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Experts express a nuanced view on SPDR Gold ETF (GLD), emphasizing its role as a safer investment when compared to gold mining stocks, which carry significant operational risks. One expert highlights the advantage of separating gold from mining stocks, advocating for a diverse basket of gold assets. Another expert has recently purchased GLD, indicating a preference for gold over more volatile options like silver. The current market sentiment acknowledges a possible buying opportunity, especially as it aligns with technical indicators such as the 200-day moving average and a recent RSI touch at 30. However, caution is advised as some professionals have taken profits, indicating potential market volatility and suggesting that while holding GLD may be low risk, individual mining stocks could see corrections in the near future.

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Consensus
Neutral
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Valuation
Fair Value
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Similar
SIVR
PAST TOP PICK
(A Top Pick July 17/08. Down 2.17%.) Has been disappointing that gold has not gone through $1000. Seasonally we are in a weak period. Expecting a pretty clear go from the fall and into spring.
COMMENT
The problem is that when the US$ falls gold appreciates and your return in Cdn is zero. If you have a strong view against the US$ you should use the Claymore Gold Bullion Trust (CGL.UN-T). If you don't, you could use this either one.
DON'T BUY
Day to day, we are still in the environment where gold is in vogue with a lot of chatter. He is a bit concerned that a lot of people think it will break $1000 and go much higher. The main reason people are talking about gold is because of the US$ and the deficit. He would rather own uranium or oil as a hedge.
PAST TOP PICK
(Top Pick Oct 6/08 Up 3.14%) Modest exposure to gold in portfolios is warranted (10-15% of the equity exposure)
TOP PICK
Top Short
SELL
Bearish on Gold, selling short. Hasn’t traded a gold company, long or short, for a long time.
TOP PICK
(A Top Pick July 17/08. Down 3.4%.) Bullion in this environment can do well on many different scenarios. Good hedge against inflation, deflation, further financial disruption, etc. Hopes to be out of the position by the end of this year.
PAST TOP PICK
(A Top Pick April 2/08. Up 0.9%.) Gold is a terrific long-term bet. Sold and replaced it with Canadian iUnits Gold (XGD-T). Concerned when main custodian was not responsible when sub custodians delivered gold to him. Raised a huge yellow flag. (See Top Picks.)
BUY
People should always own some amount of gold, anywhere between 2% and 5%.
TOP PICK
Recently broke out of a pennant formation. Will probably see some sort of resistance develop. If it got above its present top ($97?) he would be inclined to add to it.
TOP PICK
Buy Jan 90 Calls if you are real bullish on gold you can get a 3 or 4 times gain on this. On the downside is your loss of the $15 you paid for the option. (He doesn't know where gold is going.)
PAST TOP PICK
(A Top Pick Jan 11/08. Down 4.6%.) Just sold this because 1) it is denominated in US$ and he got a 25% currency gain 2) expects gold prices to increase in 2009. Moved into iUnits Gold (XGD-T) on the TSX. (See Top Picks.)
TOP PICK
Gold seems to be ahead of the market on a whole. Long-term chart looks very good. If it broke through $78, he would be a little bit worried but would probably be a re-acquirer at the lower level.
BUY
Gold: Everyone should own gold bullion.
TOP PICK
Gold Bullion (GLD-N) if you have a US$ cash position. Otherwise gold stocks (XGD-T). (Canadians have to pay an enormous premium for bullion.) Thinks gold will become one of the alternate currencies or be part of a basket of world currencies. With all the money being pumped into the system, there has to be some uptick in inflation. Gold won't wait for that to happen.
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