IAU - Gold jumps to highest levels in nearly a month aiming to re-take $1800/oz

Gold prices rise to the highest levels in nearly a month, dating back to September 16, up 1.98% and approaching the $1,800/oz handle as CPI data comes in higher than anticipated. Here's a look at some of the major spot gold and gold mining ETFs that have risen, as well as two leveraged funds. Spot Gold ETFs  Spot-gold ETFs are funds that either invest in the gold futures market or purchase actual gold bullion. SPDR Gold Trust ETF (NYSEARCA:GLD) is the largest spot fund on the market, with assets under management totaling $58.14B. So far in Wednesday's session, the ETF is +1.87%. Other spot gold exchange traded funds include the iShares Gold Trust ETF (NYSEARCA:IAU), which is up 1.87%, and the Aberdeen Standard Physical Gold Shares ETF (NYSEARCA:SGOL) +1.92%. Gold Mining ETFs Gold mining exchange traded funds on the other hand, are funds that invest in companies operating across materials, metals, mining, gold and silver

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Gold jumps to highest levels in nearly a month, aiming to re-take $1,800/oz