iShares Gold Bullion ETF (CAD-Hedged) (TSE:CGL – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$35.43 and traded as low as C$34.19. iShares Gold Bullion ETF (CAD-Hedged) shares last traded at C$34.20, with a volume of 94,582 shares.
iShares Gold Bullion ETF (CAD-Hedged) Stock Performance
The firm’s 50-day moving average price is C$35.43 and its 200 day moving average price is C$35.70.
About iShares Gold Bullion ETF (CAD-Hedged)
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.
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