iShares Gold Bullion ETF (CAD-Hedged) (TSE:CGL) Shares Pass Above 50 Day Moving Average – Time to Sell?

iShares Gold Bullion ETF (CAD-Hedged) (TSE:CGLGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$31.65 and traded as high as C$34.40. iShares Gold Bullion ETF (CAD-Hedged) shares last traded at C$34.32, with a volume of 138,124 shares traded.

iShares Gold Bullion ETF (CAD-Hedged) Trading Up 2.1%

The business has a fifty day moving average price of C$31.71 and a two-hundred day moving average price of C$34.75.

About iShares Gold Bullion ETF (CAD-Hedged)

(Get Free Report)

The investment objective of the Fund is to replicate the performance of the price of physical gold bullion, less the Funds fees and expenses. To achieve the fund’s objective the investment strategy of the Fund is to invest in long-term holdings of unencumbered gold bullion, in 100 or 400 troy ounce international bar sizes and to not speculate with regard to short-term changes in gold bullion prices.

Further Reading

Receive News & Ratings for iShares Gold Bullion ETF (CAD-Hedged) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Bullion ETF (CAD-Hedged) and related companies with MarketBeat.com's FREE daily email newsletter.