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21 GOLD FUNDS
Basic Information
COMPARE STATS
Week- Month- Years
GOLD EQUITIES
held by most funds.
WEEKLY RESULTS
as of May 2
LINKS
to other gold sites.
GUIDE TO GOLD FUNDS
Check it out
LAST MONTH'S
NEWSLETTER
PREVIOUS NEWSLETTERS
WHY INVEST IN GOLD
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May 2
The dollar rallied to 73.50 as gold fell to a new low, closing at 856.1. Silver finished at 16.38, a three month low, but still up for the year. XAU had another bad week, closing at 169.05.
April 30
At the end of April, gold closed at 880.8 with silver at 17.05. XAU gave up all gains for 2008, finishing at 171.23. Even with the Fed lowering rates again, the long bond yield edged up to 4.50%. April was another bad month for gold funds.
April 25
Gold paused, then fell to 887.2 as the dollar rallied. Silver plunged to 16.84 and XAU to 176.06 as all gold funds had a bad week. Market interest rates climbed as the yield on long bonds reached 4.59%, a six week high.
April 18
Gold surged to 945 before ending the week by falling to 912.2. Silver closed at 17.80 and XAU at 188.51 as the dollar edged up to 72.01.
April 11
Gold rose to 923.6 and silver to 17.66 as the dollar slipped to 71.80. XAU dipped to 181.69 as most gold funds gave up some value.
April 4
Gold recovered from its low, closing at 909.0, with silver climbing to 17.72. XAU reached a two week high at 184.68 as gold stocks advanced, taking gold funds up. The dollar climbed, then slid to 72.02 in a mixed week.
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The top gold funds for the week ending May 2 and for the entire month of April (percentage change):
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May 2 Fund 1wk 3wks 6wks 2008 nav
VGPMX Vanguard Prec Metals . -0.5 1.4 8.3 9.3 36.40
OPGSX Oppenheimer Gold A . -1.7 -4.5 2.6 1.3 36.03
SGDAX DWS Gold & Prec Mtls A -2.1 -8.8 -6.1 -1.5 21.15
INIVX Van Eck Intl Inv GoldA -2.1 -9.2 -7.4 -1.8 17.47
GOLDX GAMCO Gold AAA . -2.4 -7.0 -2.9 0.9 28.66
April 30 1mo 3mos 12mos 2yrs 3yrs
VGPMX Vanguard Prec Metals . 3.2 7.6 28.1 43.4 178.3
OPGSX Oppenheimer Gold A . -1.3 -1.5 22.0 35.3 183.4
SLV iShrs Silver Trust ETF -1.9 -0.6 25.4 21.1
INPMX Riversource Prec MtlsA -2.0 -5.0 8.5 9.4 121.8
PMPIX Profund Prec Mtls Ultr -2.7 -11.2 33.4 -3.9 126.7
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HUI yearly chart from Yahoo.
USAGOLD Afternoon Gold report
A LIST OF SELECT ETFs -- Links to 20 ETFs which demonstrate a relationship with the dollar and international markets. They have a close relationship with the same market forces affected by a weak dollar.
WEEKLY COMPARISON OF SELECT ETFs -- See how these ETFs rate with each other and HUI.
THE GUIDE TO GOLD FUNDS -- Provides investment information on each fund and covers unique fund characteristics, expense ratios, loads, sizes, portfolio turnovers, recent and long term NAV changes, investment objectives, fund management policies, and brokerage connections. Now includes information on ETFs: GDX, GLD, SLV. Updated monthly. $15.95... Save yourself hours of time and effort.
THE EAGLEWING GOLD FUNDS NEWSLETTER -- Compares
gold fund results in many areas. It analyzes international events which may affect the movement of precious metals and gold funds from different perspectives. Published monthly. $27.00/yr
Newsletter renewals at $27 also receive the latest Guide to Gold Funds.
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Disclaimer: Information and data is believed to come from reliable sources but there is no guarantee on its accuracy. We provide opinions, not investment advice. All investors should evaluate the information provided and make their own investment decisions.
Copyright © 2008, EagleWing Research. All rights reserved.
gold@eaglewing.com
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