IAU eyes on $63.29: Golden Genesis fib may have been the TOPIAU showing signs of a topping along with Gold.
Currently orbiting a Golden Genesis at $63.69
Trajectory points to sister Genesis at $58.68
Key stats
About iShares Gold Trust Shares of the iShares Gold Trust
Home page
Inception date
Jan 21, 2005
Structure
Grantor Trust
Replication method
Physical
Dividend treatment
Capitalizes
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Primary advisor
iShares Delaware Trust Sponsor LLC
Distributor
BlackRock Investments LLC
IAU is an efficient way for investors to hold physical gold. The fund removes the complexities for retail investors of buying, transporting, storing and insuring physical gold. Using a grantor trust structure, the fund is a very stable fund. The underlying gold bars are held in vaults around the world, with an inventory list available on the Issuers website. Similar to its competitor, GLD, investors should know that long-term gains have noteworthy tax liabilities, since IAU is considered a collectible. The daily NAV of the trust is based on that day’s LBMA Gold Price PM. Where IAU shines for buy-and-hold retail investors is its lower handle and low expense ratio. At launch, shares of IAU corresponded to 1/100th of an ounce of gold (though this will decrease over time due to expenses). The fund is a solid choice for gold investors.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
2022 WinnersIn trying to figure out what would have done well in 2022, a time when most investments and funds lost money, I found these.
gold is "up" against bitcoinrecently gold was going up, yet if you zoom out 3 years, the recent rise is not visible
Bullish breakout on GOLD Upper fib zone shows 56.32, OTM calls for Jan 26 opex 65, strike price, premium 0.75. Currently up 30% wish me luck.
Gold LongRiding gold calls, Clear bullish order flow. the $50 breakout going by fibs should see $57 soon. Bullish the general market the next few weeks. Good luck.
BlackRock's Bitcoin ETF flips its Gold ETF in market capIt's insane how quickly BlackRock's NASDAQ:IBIT Bitcoin ETF surpassed its AMEX:IAU Gold ETF by market cap.
Digital gold is better as IBIT tops $34B in assets. Digital gold FTW.
GOLD can be a defensive asset, as geopolitical risks still highCaught in the twin grip of elevated US yields and a stronger USD, Gold may be on the defensive over the near term unless geopolitical risks still escalate.
Escalating geopolitical and trade risks are playing an increasingly supportive role in Gold prices, engineering rallies that are likely to stay
Gold to fall for the next 1-2 months
Bouncing off the top of the LuxAlgo
Retail is buying for fear of the current economic uncertainty, so it's a good time for whales to squeeze the longs (and create even more uncertainty/FUD, to be exploited later)
JP Morgan has a huge short position
Multiple indicators are all pointing to an
Gold ETF growth hypotizeIdea:
Retest of 34.66 level. Change of local falling trend
SL: 34.57
Buy: 34.79
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IAU trades at 62.54 USD today, its price has risen 0.60% in the past 24 hours. Track more dynamics on IAU price chart.
IAU net asset value is 62.47 today — it's risen 0.21% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IAU assets under management is 45.82 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IAU price has fallen by −0.06% over the last month, and its yearly performance shows a 41.14% increase. See more dynamics on IAU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.21% over the last month, showed a 16.79% increase in three-month performance and has increased by 40.57% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.21% over the last month, showed a 16.79% increase in three-month performance and has increased by 40.57% in a year.
IAU fund flows account for 4.95 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IAU expense ratio is 0.25%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IAU isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, IAU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IAU shows the buy signal. See more of IAU technicals for a more comprehensive analysis.
Today, IAU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IAU shows the buy signal. See more of IAU technicals for a more comprehensive analysis.
No, IAU doesn't pay dividends to its holders.
IAU trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IAU shares are issued by BlackRock, Inc.
IAU follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 21, 2005.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.