StreetTracks Gold Trust ETF Trading Defined and Explained
The StreetTracks Gold Trust ETF has already attracted almost $3 billion from investors since it was launched in 2004. Individuals investing in the fund do not have to purchase futures contracts nor worry about the potential delivery of the gold itself. Shares of gold ETFs represent ownership in fractions of ounces of gold bullion held in a vault.
World Gold Trust Services, LLC, which is wholly-owned by the World Gold Council, is the sponsor of the StreetTracksĀ® Gold Trust. The World Gold Council, a commercially-driven marketing organization, is funded by the worldās leading gold mining companies.
StreetTracks Gold Trust ETF Trading Prices/Rates
Gold is the worldās financial barometer and the StreetTracks Gold Trust ETF is no different. This ETF can give traders good short-term volatility to find profits in as well as providing a fairly secure investment. However, money can be lost on the StreetTracks Gold Trust ETF as in any other and many ETF traders can attest to this.
StreetTracks Gold Trust ETF Trading Software
Knowing what is going to happen in the market is critical to profitable ETF trading. VantagePoint software forecasts the StreetTracks Gold Trust ETFĀ high and low for the next day with very high accuracy, so youāll know where to put your stops and whether to tighten up on them or get out of the trade immediately.
Using forecasts of market trend direction in conjunction with predicted highs and lows greatly increases the potential for successful StreetTracks Gold Trust ETF trades. VantagePoint even allows you to visualize forecasts and indicators graphically on your computer for ease of use.
StreetTracks Gold Trust ETF Trading News
Because gold is such a global financial instrument, the StreetTracks Gold Trust ETF is covered by almost every major financial publication and internet site. Finding information about the StreetTracks Gold Trust ETF is fairly easy and is always a source of opinion for speculators.
StreetTracks Gold Trust ETF Trading Information
Launched in 2004, the StreetTracks Gold Trust ETF allows individual traders access to the gold bullion market. The StreetTracks Gold Trust ETF holds gold bullion with the task of reflecting the performance of the price of gold bullion for investors.
The Gold ETF represents the fourth global gold-backed securities launched as and ETF. The other securities trade on the London, Johannesburg, and Australian stock exchanges as well as on Euronext in Paris and all provide investors with simple, secure, and cost-effective access to the global gold market.
Trading StreetTracks Gold Trust ETF with VantagePoint Software
Since 1991 VantagePoint Software has been applying Artificial Intelligence to forecast market trends with up to 87.4% accuracy. With more than 25,000 customers in 114 different countries, VantagePoint is the leadingĀ AI trading software for ETFs.