iShares Gold Bullion ETF (CAD-Hedged) (TSE:CGL – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$33.74 and traded as low as C$31.18. iShares Gold Bullion ETF (CAD-Hedged) shares last traded at C$31.32, with a volume of 83,394 shares.
iShares Gold Bullion ETF (CAD-Hedged) Stock Up 1.9%
The business has a fifty day moving average price of C$33.65 and a 200-day moving average price of C$35.64.
About iShares Gold Bullion ETF (CAD-Hedged)
The investment objective of the Fund is to replicate the performance of the price of physical gold bullion, less the Funds fees and expenses. To achieve the fund’s objective the investment strategy of the Fund is to invest in long-term holdings of unencumbered gold bullion, in 100 or 400 troy ounce international bar sizes and to not speculate with regard to short-term changes in gold bullion prices.
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