Horizons Gold ETF (HUG-T)
TSE:HUG
24.68
0.07
(0.28%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 1 opinions in the last 12 months.
Horizons Gold ETF (HUG-T) has experienced a significant increase in interest this year, largely influenced by heightened central bank purchasing of gold. Recent trends indicate that there has been a slight pullback, although central banks continue with their buying strategies. In the present market, retail investor interest in gold has not surged yet, yet there are anticipations that momentum may shift as hot money could start entering the market around 2025. Experts express optimism for next year, particularly with expectations of declining interest rates, which are likely to further support gold's price movement. The upcoming seasonal cycle from December through January and February is traditionally strong for gold, suggesting a promising outlook in the near term.
XGD vs. HUG and the impact of the November election XGD is the granddaddy of gold ETF wth top holdings being Newmont, Barrick and FNV, totalling 40%. Given this weighting, he prefers HEP. HUG holds the actual gold. He doesn't know how the US election will effect gold stocks, which is why people buy gold--a reaction to uncertainty.
(A Top Pick Aug 25/17. Down 1.84%.) Gold and gold stocks have 2 periods of seasonal strength. One is from the end of July until the end of September, and then it goes down, bottoms around the middle of December and then goes higher until February. This year gold and gold bullion peaked a little early, around the middle of September. The worst period to own gold and gold equities is from October through to December.
(A Top Pick Aug 25/17. Up 0%.) The best time to own gold and gold equities is around the end of July through until the beginning of October. There are 2 weeks left before the seasonal trade is over. If you do see a little bit of strength, he would suggest you take some money off the table during the next 2 weeks.
Horizons Gold ETF(HUG-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Horizons Gold ETF(HUG-T) Frequently Asked Questions
What is Horizons Gold ETF stock symbol?
Horizons Gold ETF is a Canadian stock, trading under the symbol HUG-T on the Toronto Stock Exchange (HUG-CT). It is usually referred to as TSX:HUG or HUG-T
Is Horizons Gold ETF a buy or a sell?
In the last year, there was no coverage of Horizons Gold ETF published on Stockchase.
Is Horizons Gold ETF a good investment or a top pick?
Horizons Gold ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons Gold ETF.
Why is Horizons Gold 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 Horizons Gold ETF worth watching?
0 stock analysts on Stockchase covered Horizons Gold ETF In the last year. It is a trending stock that is worth watching.
What is Horizons Gold ETF stock price?
On 2025-04-15, Horizons Gold ETF (HUG-T) stock closed at a price of $24.68.
Gold got a strong bump up this year (driven by central bank buying), now pulled back a bit. Central banks are continuing to buy, but we haven't seen a lot of interest in gold from investors yet. Gold could pick up, some hot money could start to move in at some point in 2025. Gold will probably have another good year next year. Interest rates coming down would help gold move higher. Strong seasonal period from December into January/February.
Disclosure: He works for Global X (formerly Horizons).