Free Trial

iShares Gold Bullion ETF (CAD-Hedged) (TSE:CGL) Share Price Pass Below 50 Day Moving Average - Here's What Happened

iShares Gold Bullion ETF (CAD-Hedged) logo with background

Key Points

  • iShares Gold Bullion ETF (CAD-Hedged) shares fell below the 50-day moving average of C$26.09, trading as low as C$25.94 on Wednesday.
  • The stock's most recent trading price was C$26.04, with a volume of 31,670 shares exchanged.
  • The ETF aims to replicate the performance of physical gold bullion, investing in long-term holdings of unencumbered gold bullion instead of speculating on short-term price changes.
  • Looking to export and analyze iShares Gold Bullion ETF (CAD-Hedged) data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

iShares Gold Bullion ETF (CAD-Hedged) (TSE:CGL - Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$26.09 and traded as low as C$25.94. iShares Gold Bullion ETF (CAD-Hedged) shares last traded at C$26.04, with a volume of 31,670 shares.

iShares Gold Bullion ETF (CAD-Hedged) Trading Down 0.0%

The business's 50 day simple moving average is C$26.07 and its 200 day simple moving average is C$25.16.

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.

Featured Stories

Should You Invest $1,000 in iShares Gold Bullion ETF (CAD-Hedged) Right Now?

Before you consider iShares Gold Bullion ETF (CAD-Hedged), you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Gold Bullion ETF (CAD-Hedged) wasn't on the list.

While iShares Gold Bullion ETF (CAD-Hedged) currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 High Short Interest Stocks to Buy Before November
HUGE Upside Ahead: The Fastest Growing ETFs in the Market
Next Tech Boom: AI Robots Are Coming Sooner Than You Think!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines