News, Commentary & Events: SGDM

SPROTT GOLD MINERS ETF

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.

Commentary

  • 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

PROVIDED BY TRADING CENTRAL
Free commission offer applies to online purchases select ETFs in a Fidelity brokerage account. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF’s prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock Inc., and its affiliates.

Fidelity receives compensation from the funds advisor or its affiliates in connection with a licensing agreement to utilize Fidelity’s active ETF methodology which may create incentives for FBS to encourage the purchase of certain ETFs.

News, commentary and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

© 2010 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.

462499.7.0