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home / news releases / IAUF - Buying The Dip In Gold With CEF


IAUF - Buying The Dip In Gold With CEF

The gold market has calmed since reaching its most recent high at the beginning of September. December gold sitting at around the $1500 per ounce level on September 17.

The ECB cut its deposit rate by ten basis points to negative 50 basis points at its September meeting. They also restarted the program of quantitative easing to the tune of 20 billion euros each month beginning in November. The final meeting for ECB President Mario Draghi was a continuation of dovish monetary policy in Europe.

Last week, the US Federal Reserve trimmed the Fed funds

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Stock Information

Company Name: iShares Gold Strategy ETF
Stock Symbol: IAUF
Market: NYSE

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