This summary was created by AI, based on 10 opinions in the last 12 months.
Based on the reviews from different experts, the general sentiment towards SPDR Gold ETF (GLD-N) seems to be mixed. Some experts believe that it is a good option for long-term investment, especially during periods of uncertainty and currency devaluation. However, others are cautious due to factors such as rising interest rates and the strength of the US dollar. Overall, it appears that the consensus is that investing in this ETF requires a careful assessment of market conditions and a long-term investment outlook.
Good and handy if you want to participate in the current gold rally.
He sold it. GLD is approaching its moving averages. He bought it because of deflationary pressure as the interest rate falls. Gold and GLD has underperformed.
Lower price point than similar products meant for retail investors. Recent pullback a good time to buy. Stronger US dollar tough on gold. Traditionally gold does well into the Chinese New Year.
The original gold ETF. It tries to hold physical gold, which is a good hedge against currency devaluation, inflation spikes and general uncertainty. Gold is struggling now, but it's a good time to buy this during weakness.
It's a long-term investment. Many bought gold last March out of fear of a slowdown and weakening dollar. If you still believe that then hold and don't sell.
He sold half in May as yield began to rise, and sold the rest today as GLD broke below the 100-day moving average, last seen in fall 2022. You want to own at least some gold now with the deflationary effect (from March's regional bank crisis). He may step back into this for the long term.
Not excited about gold, to be honest. Needs to see a deflationary catalyst but rates keep rising. Would prefer to own the metal, not the miners. Won't sell it though.
If gold holds above $1,900, the previous high, then be long in gold. But if gold falls below $1,900 after the Fed hikes, be very cautious.
Good option for gold ETF.
High liquidity.
Good long term investment (5-10 years).
Not buying at the moment.
Sounds boring, but if you don't want to play the miners, you could buy some of this as part of your overall asset allocation. Big benefits to his client portfolios.
Good ETF for gold exposure.
If bullish on gold - good for investing.
In a strongly disinflationary time, gold is the right trade. Stay long.
SPDR Gold ETF is a American stock, trading under the symbol GLD-N on the NYSE Arca (GLD). It is usually referred to as AMEX:GLD or GLD-N
In the last year, 4 stock analysts published opinions about GLD-N. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SPDR Gold ETF.
SPDR Gold ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for SPDR Gold ETF.
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.
4 stock analysts on Stockchase covered SPDR Gold ETF In the last year. It is a trending stock that is worth watching.
On 2024-10-11, SPDR Gold ETF (GLD-N) stock closed at a price of $245.47.
The costs to get gold out of the ground are so high that he prefers holding this ETF and not a company.