iShares S&P/TSX Global Gold Index ETF (TSE:XGD) Reaches New 52-Week High – What’s Next?

iShares S&P/TSX Global Gold Index ETF (TSE:XGDGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$51.90 and last traded at C$51.84, with a volume of 480838 shares trading hands. The stock had previously closed at C$49.57.

iShares S&P/TSX Global Gold Index ETF Price Performance

The firm has a 50-day moving average of C$46.59 and a two-hundred day moving average of C$39.26.

About iShares S&P/TSX Global Gold Index ETF

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The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Global Gold Index the Index , net of expenses. Under normal market conditions, the Fund will primarily invest in equity securities issued by international issuers participating in the mining secto.

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