abrdn Physical Gold Shares ETF (SGOL)
- Previous Close
31.89 - Open
31.24 - Bid 31.33 x 1000
- Ask 31.34 x 40700
- Day's Range
31.16 - 31.35 - 52 Week Range
21.76 - 32.87 - Volume
2,607,698 - Avg. Volume
5,522,041 - Net Assets 4.81B
- NAV 31.63
- PE Ratio (TTM) --
- Yield 0.00%
- YTD Daily Total Return 27.31%
- Beta (5Y Monthly) 0.31
- Expense Ratio (net) 0.17%
The Shares are intended to constitute a simple and cost-effective means of making an investment similar to an investment in gold. An investment in physical gold requires expensive and sometimes complicated arrangements in connection with the assay, transportation, warehousing and insurance of the metal. Although the Shares are not the exact equivalent of an investment in gold, they provide investors with an alternative that allows a level of participation in the gold market through the securities market.
Aberdeen Standard Investments
Fund Family
Commodities Focused
Fund Category
4.81B
Net Assets
2009-09-09
Inception Date
Performance Overview: SGOL
View MoreTrailing returns as of 4/24/2025. Category is Commodities Focused.
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Recent News: SGOL
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Research Reports: SGOL
View MoreRaising target price
Founded in 1921, Denver-based Newmont is the world's largest gold-mining company, with assets and operations in North America, South America, Australia/New Zealand, and Africa. While approximately 88% of its revenues come from gold, the company is also a major producer of copper. The company has about 21,700 employees. It is the only gold producer in the S&P 500.
RatingPrice TargetU.S. stocks rallied for a third day on Thursday. The S&P 500 rose 2%
U.S. stocks rallied for a third day on Thursday. The S&P 500 rose 2% and the Nasdaq up 5.4% for the week, led by the Information Technology sector. The Dow rose 1.2%. Oil is at $63 per barrel. Gold is above $3,360 per ounce.
Newmont Earnings: Higher Gold Prices More Than Offset Lower Volumes and Increased Unit Cash Costs
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to sell roughly 5.6 million ounces of gold in 2025 from its core mines after selling six higher-cost, smaller mines. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2024.
RatingPrice TargetHigh Gold Prices Support Gold Miner Shares; Barrick the Cheapest of Our Gold Coverage
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to sell roughly 5.5 million ounces of gold in 2025 from its core mines after selling six higher-cost, smaller mines, likely effective mid-2025. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2024.
RatingPrice Target