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iShares S&P/TSX Global Gold Index ETF (XGD-T)
TSE:XGD
16.98
0.04
(0.24%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$16.850
Owned
He likes gold and commodities. The US dollar is near support but won't return to strength. Therefore, gold should do well. (They have a negative correlation.) The XGD could return to $20. Also, macro seasonality in mid-August to September could help.
At the time it was a safe haven during the pandemic. A short-duration trade. Once the markets took off, he moved into equities.
He likes gold and he holds bullion. XGD is pricey, though. The underlying stocks here are Newmont, Barrick, Agnico Eagle or Kirkland Lake. You can own the stocks or pay a MER and own them all here.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. In this current economic environment, 5i is comfortable with a 5%-10% gold position. Gold stocks will provide more upside potential, although bullion funds provide more insurance. Unlock Premium - Try 5i Free
He owns IAU instead. Gold itself, not gold miners. He buys gold as a diversifier opposite his equity, so he doesn't want more exposure to equities.
iShares S&P/TSX Global Gold Index ETF(XGD-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
iShares S&P/TSX Global Gold Index ETF(XGD-T) Frequently Asked Questions
What is iShares S&P/TSX Global Gold Index ETF stock symbol?
iShares S&P/TSX Global Gold Index ETF is a Canadian stock, trading under the symbol XGD-T on the Toronto Stock Exchange (XGD-CT). It is usually referred to as TSX:XGD or XGD-T
Is iShares S&P/TSX Global Gold Index ETF a buy or a sell?
In the last year, 2 stock analysts published opinions about XGD-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares S&P/TSX Global Gold Index ETF.
Is iShares S&P/TSX Global Gold Index ETF a good investment or a top pick?
iShares S&P/TSX Global Gold Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares S&P/TSX Global Gold Index ETF.
Why is iShares S&P/TSX Global Gold Index ETF stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is iShares S&P/TSX Global Gold Index ETF worth watching?
2 stock analysts on Stockchase covered iShares S&P/TSX Global Gold Index ETF In the last year. It is a trending stock that is worth watching.
What is iShares S&P/TSX Global Gold Index ETF stock price?
On 2023-09-22, iShares S&P/TSX Global Gold Index ETF (XGD-T) stock closed at a price of $16.98.
Gold stocks haven't kept up with the price of gold. He expects they will rise from the current $17 here to about $21, at which he will sell. He is an active trader. He will wait. He has faith.