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GLD

SPDR Gold Shares

https://www.spdrgoldshares.com/usa/

Industry

Asset Management

The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.

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Tensions in the Middle East have escalated with reports of a potential Iranian ballistic missile attack on Israel, leading to increased U.S. military presence in the region. This has caused market reactions, with oil and gold prices spiking and major U.S. stock indices declining.

Portfolio Pulse from Chris Katje

October 01, 2024 | 2:35 pm

Gold and silver prices are increasing as investors seek safe-haven assets due to potential geopolitical tensions following reports of a possible Iranian attack on Israel.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 2:10 pm

The Chinese stock market has experienced a significant rally, breaking a negative pattern with the CSI 300 index jumping 8.5%, the largest gain since 2008. This rally is driven by FOMO among foreign investors and a shift from Chinese Treasury bonds to stocks. Despite poor economic data, expectations are high for future growth due to government stimulus. The Arora Report has identified new buy zones for ETFs like ASHR, FXI, and ECON. Meanwhile, negative sentiment from Europe and poor guidance from automakers like Stellantis and Volkswagen are affecting US markets, with stocks like GM and Ford under pressure.

Portfolio Pulse from The Arora Report

September 30, 2024 | 3:27 pm

The article lists the top 10 trending stocks on WallStreetBets as of September 30, 2024, according to Swaggy Stocks. The stocks mentioned are AAPL, BABA, CCL, GLD, MADE, NIO, NVDA, RKLB, TSLA, and WAY.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:31 pm

The article discusses the disappointing personal income and spending data, a DOJ probe into Super Micro Computer (SMCI) for accounting irregularities, and the impact of Japan's new PM on the yen. It highlights the importance of cautious investment in AI and the significance of money flows in major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

September 27, 2024 | 3:30 pm

The article discusses the impact of China's potential stimulus plan on global markets, highlighting a positive sentiment in U.S. stocks, particularly in the semiconductor and AI sectors. Micron Technology's stock surged due to negative Wall Street positioning despite mediocre earnings. The article also notes positive money flows in major tech stocks and ETFs, and provides investment strategies considering current economic conditions.

Portfolio Pulse from The Arora Report

September 26, 2024 | 4:17 pm

Gold prices are rising in response to the Federal Reserve's recent decision to cut interest rates.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:35 pm

U.S. consumer confidence fell sharply in September due to labor market concerns, increasing the likelihood of a 50-basis-point interest rate cut by the Federal Reserve in November. The SPDR S&P 500 ETF Trust (SPY) stalled, and the SPDR Gold Trust (GLD) rose as market reactions were swift.

Portfolio Pulse from Piero Cingari

September 24, 2024 | 3:56 pm

The article discusses the current market exuberance for stocks related to AI data centers, highlighting Quanta Services (PWR) as a key player. It also covers China's economic moves impacting commodities like copper and oil, and provides insights into money flows in major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

September 24, 2024 | 3:40 pm

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