News, Commentary & Events: SGDM


26.41down-1.02 (-3.7186%)

 as of 4:10:00pm ET 02/03/2023

There are currently no news stories available for this symbol.


  • Amid Potential Headwinds, Gold Prices See Gains

    ETF Database - 01/31/2023

    Gold prices have been riding a six-week winning streak in terms of gains, but key economic data points could potentially stifle the rally. Nonetheless, gold hasn’t seen this type of winning streak since the summer of 2020, a few months after the COVID-19 pandemic upended the broad stock market.

  • Recent Gold Gains Propelled by Technical Bullishness

    ETF Database - 01/26/2023

    It seemingly appears like the majority of asset classes are rebounding from last year’s inflationary weakness, with the U.S. declining to start the new year. Bullishness from a technical standpoint is also feeding into bullishness for gold prices.

  • Gold Prices Indicate Investors Bet On Slower Rate Hikes

    ETF Database - 01/17/2023

    Gold prices are already moving 3% higher in 2023, which could mean that investors are expecting the U.S. Federal Reserve to slow down its pace of rate hikes. This clears the path for opportunities in gold-focused funds.

  • In 2023, Analysts Are Forecasting Record Highs for Gold

    ETF Database - 01/10/2023

    The macroeconomic backdrop for gold this year could be conducive to higher gold prices if analysts’ forecasts hold up. That said, gold-focused assets like funds from Sprott offer a prime play for investors looking to play the potential upside.

  • 2022's Top Gold & Silver Stories

    ETF Database - 12/30/2022

    In a year that saw major land-based warfare return to Europe for the first time since the ’90s, global volatility has become an important challenge. Central banks have responded to geopolitical and rising rate-related challenges by buying gold, with the prospect of rates hitting their peak next year and yields stabilizing creating a path for gold and other precious metals next year. For investors looking to reflect on the year in precious metals, consider the top three gold and silver stories for 2022.

  • CPI Drives Gold Higher Ahead of 2023

    ETF Database - 12/13/2022

    Markets swooned Tuesday thanks to a softer-than-expected CPI report, driving stocks higher with the S&P 500 and other leading indexes up through the day. That also saw the price of gold rise much higher by market close as Treasury yields dropped, closing at $1,810.6 per ounce. With the added possibility that gold could rise even higher next year, a gold price-sensitive ETF like the Sprott Gold Miners ETF (SGDM B-) could be a useful tool for investors looking to the months ahead.

  • Has The Dollar Peaked? Gold Mining Might Appeal in SGDM

    ETF Database - 11/29/2022

    Gold futures rose Tuesday amid continued suggestions in the market that the U.S. dollar may be leveling out or even approaching its peak value in a complicated year for other currencies impacted by central bank actions and geopolitical uncertainty. Should the dollar continue to weaken, a gold mining ETF like the Sprott Gold Miners ETF (SGDM B-) could be an exciting opportunity for investors.

  • This ETF Could Benefit as CPI Print Drives Gold Higher

    ETF Database - 11/10/2022

    Thursday’s cooler consumer price index (CPI) print drove gold’s price to its highest point since August, as investors’ hopes that inflation would finally respond to the Fed’s rate hikes were fulfilled. With inflation dropping, investors expect gold to appreciate in value, which could set up a good opportunity for a gold miner ETF like the Sprott Gold Miners ETF (SGDM B-).

Technical Events

Technical Analysis

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