Gold ETF
Precious metals investing is becoming very popular. Gold for example, has long been used as a hedge against inflation or a declining dollar. Recently, investors have turned to Gold exchange traded funds (or simply Gold ETFs) as a means to hedge a declining dollar. As always, do your due diligence as to the expenses, tax implications, and the index/futures each Gold ETF tracks.
Gold ETFs
- SPDR Gold Trust (GLD)
- UBS E-TRACS UBS Bloomberg CMCI Gold TR ETN (UBG)
- UBS E-TRACS S&P 500 Gold Hedged ETN (SPGH)
- ETFS Gold Trust (SGOL)
- iShares COMEX Gold Trust (IAU)
- PowerShares DB Gold Fund (DGL)
- PowerShares DB Gold Short ETN (DGZ)
- ETFS Asian Gold Trust (AGOL)
- Market Vectors Gold Miners ETF (GDX)
- Market Vectors Junior Gold Miners ETF (GDXJ)
- Global X Gold Explorers ETF (GLDX)
- PowerShares Global Gold&Precious Metals ETF (PSAU)
Leveraged Gold ETFs
- PowerShares DB Gold Double Long ETN (DGP)
- PowerShares DB Gold Double Short ETN (DZZ)
- ProShares UltraShort Gold (GLL)
- ProShares Ultra Gold (UGL)
- Direxion Daily Gold Miners Bear 2X Shares (DUST)
- Direxion Daily Gold Miners Bull 2X Shares (NUGT)
