Gold ETF Performance And Outlook
By Christian Magoon:Gold ETF products focused on physical gold fell slightly for the week ending February 10th. This brings physical gold ETFs to a 10% gain in 2012 - a bit more than gold's return for the entire year of 2011. Here's the performance chart showing all physical gold ETFs listed in the United States.
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Source: GoldETFs.biz The iShares COMEX Gold Trust (IAU) leads physical gold ETF performance this year, likely due to its peer group low expense ratio of 25bps. Right behind IAU is the world's largest gold ETF, the SPDR Gold Trust (GLD). The performance difference is likely due to GLD's expense ratio, the highest of all physical gold ETFs at 40bps. Technically gold, as represented by GLD, is above its 100 day moving average but well within its 2 year trading range. Here's the chart comparing GLD's price to its 100 day moving average over theComplete Story »