iShares Gold Trust (NYSEARCA:IAU – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $95.85 and last traded at $95.8780, with a volume of 3053567 shares changing hands. The stock had previously closed at $93.79.
Key iShares Gold Trust News
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: Record gold breakout and safe‑haven demand lift ETF flows — Spot gold has pierced the $5,000/oz mark on strong safe‑haven buying amid geopolitical strain and dollar weakness, a direct tailwind for gold-backed ETFs like IAU. Article Title
- Positive Sentiment: Mining stocks and broader precious‑metals complex rally — Major miners jumped alongside bullion, reinforcing investor interest in the sector and supporting ETF demand. Article Title
- Positive Sentiment: Macro backdrop (Fed meeting, risk-off) favors gold — With a Fed meeting and market risks on the calendar, traders are shifting into havens, which tends to boost gold ETF inflows and bid IAU higher. Article Title
- Neutral Sentiment: Economic prints have had limited near‑term impact — Recent U.S. durable‑goods strength barely dented gold’s move higher, suggesting price action is being driven more by geopolitics and flows than by single data prints. Article Title
- Neutral Sentiment: Technical/trading commentary highlights momentum but also intraday levels for active traders — useful for short‑term positioning but not a game‑changer for long‑term ETF flows. Article Title
- Neutral Sentiment: Silver’s rally may be topping, but gold remains supported — Signs of silver weakness don’t necessarily undermine gold ETFs, though a metals‑complex rotation could influence flows. Article Title
- Negative Sentiment: Fee competition from lower‑cost gold ETFs could pressure future inflows — Fee‑sensitive buyers may prefer cheaper alternatives (e.g., GLDM), which could limit IAU’s net inflows over time. Article Title
- Negative Sentiment: Parabolic rally raises correction risk ahead of key policy events — Rapid gains and parabolic moves increase the chance of a sharp pullback around the Fed meeting, which could temporarily compress IAU’s price. Article Title
iShares Gold Trust Price Performance
The stock has a market cap of $80.71 billion, a P/E ratio of 5.53 and a beta of 0.09. The stock’s 50-day moving average is $82.31 and its two-hundred day moving average is $73.95.
Institutional Investors Weigh In On iShares Gold Trust
iShares Gold Trust Company Profile
iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).
Featured Articles
- Five stocks we like better than iShares Gold Trust
- The DoD Just Got A New Drone Supplier
- What Expenses Can Be Deducted From Capital Gains Tax?
- Your Bank Account Is No Longer Safe
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- Buy This Stock at 9:30 AM on MONDAY!
Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
