Sprott Physical Gold Trust (NY: PHYS )
14.29 USD UNCHANGED Streaming Delayed Price Updated: 8:00 PM EST, Jan 14, 2022 Add to My Watchlist
All news about Sprott Physical Gold Trust
With Systemic Risks Everywhere, Seek Safety in Gold
January 14, 2022
The latest Sprott Gold Report from Sprott managing director & senior portfolio manager John Hathaway digs into gold’s prospects in 2022. Hathaway notes that despite shrinking mine supply, high physical...
Less Hawkish Fed Could Push Gold Prices Higher
January 12, 2022
Consumer prices rising amid hot inflation could hold down economic growth, and a less hawkish Federal Reserve could push gold prices higher. Gold prices have been range-bound in a $1,800 per ounce...
Commodities Analyst: Spot Gold Could Hit $2,100
January 05, 2022
Gold prices are down 7% within the past year, but some analysts see it as a minor speed bump en route to $2,100 later in the new year. Gold prices are currently trading right around $1,800 and have...
Gold, Silver Prices Fall in 2021, but Bullion Sales Excel
January 04, 2022
Gold and silver prices faltered in 2021, but that didn’t crimp demand for bullion sales, which excelled the past year despite the price bearishness for the precious metals. “Demand this year for United...
Ed Coyne Discusses the State of Gold and Gold Equities
January 04, 2022
Sprott’s Ed Coyne appeared on Asset TV’s Alt Summit to discuss the state of gold and gold equities with Remy Blaire. Mining stocks, despite having their financial houses in order and being poised for...
Gold Struggles to Hold On to $1800 as Jobless Report Hits Record Low
December 30, 2021
Gold had made modest gains lately, but it has recently been struggling to hold on to the $1800/oz price point despite increasing fears about inflation. The number of jobless claims dipped to their...
Gold Picks Up Heading Into the New Year
December 29, 2021
Gold prices are picking up heading into the 2022 as investors still assess the impact of the Omicron variant and COVID cases rise in the winter season. Meanwhile, the impact of inflation is still...
A Trio Of Sprott ETFs For Golden Gains
December 26, 2021
Through the past year gold has struggled somewhat as it continues to digest the strong gains of the last two years. Many wonder, has gold lost its golden touch? But remember, gold was $1,200 as...
Precious Metals “Stay the Course” Despite Challenging Year
December 23, 2021
Sprott CEO Peter Grosskopf’s latest piece highlights the resiliency of precious metals amid a challenging year and underscores the fundamentals that support a strong 2022 in the space. Looking into...
Gold ETFs Stumble as Traders Weigh Omicron, Fed Actions
December 20, 2021
Gold exchange traded funds are struggling as traders weigh the impact of surging COVID-19 Omicron infections and the Federal Reserve’s monetary policy outlook in its fight against inflation. On Monday,...
Momentum Swings Towards Gold After PMI Data Disappoints
December 17, 2021
Gold will need another catalyst heading into 2022 after the Omicron variant proved it wasn’t enough to resuscitate the precious metal’s prices further. Gold briefly spiked heading into Thanksgiving,...
Gold Prices Face Downward Pressure as Market Fixates on Fed
December 14, 2021
All eyes in the capital markets are on the Federal Reserve and whether it continues to maintain hawkishness, a push for higher rates that translate to a stronger dollar and could put downward pressure...
If Property Prices Crash, Look to Gold
December 13, 2021
Consumer Price Inflation hit its highest levels since June of 1982 last month at 6.8%. Economists expect that inflation will continue to grow. “We expect this to continue until early in 2022 where we...
Low Yields and Omicron Pushed Gold Higher 1% Last Week
December 04, 2021
The Omicron variant combined with low yields pushed investors away from bonds and into gold as the precious metal rose 1% higher last week. Before the post-Thanksgiving downturn that saw the Dow Jones...
Gold Takes Another Hit as Fed Presents Hawkish Stance
December 03, 2021
Gold prices have been in retreat since the Fed indicated that rate hikes might come faster than anticipated. The retreat comes after a short rally for the precious metal following news that the Omicron...
Demand Picks Up for Gold as a Gift and Investment
November 30, 2021
While gold has been ticking higher the last few months, the market for the precious metal as an investment is getting equal demand as a gift. “Frankincense and myrrh aren’t setting the commodities...
Renewed Uncertainty Amid COVID Variant Pushes Gold Higher
November 29, 2021
A risk-off sentiment could help feed into stronger gold prices amid renewed uncertainty about the newly identified COVID-19 variant dubbed “Omicron.” Gold prices started to ease as a stronger dollar...
PHYS Crosses Below Key Moving Average Level
November 23, 2021
In trading on Tuesday, shares of Sprott Physical Gold Trust (PHYS) crossed below their 200 day moving average of $14.17, changing hands as low as $14.06 per share. Sprott Physical Gold Trust shares are...
From Market News Video
3 Reasons Why Gold Will Be Shining Soon
November 23, 2021
It has been a frustrating year for gold bulls. Every attempt of gold to move higher was short-lived, the spring rally was the strongest one of the year but was capped.
Inflation Isn’t Going Away Yet — Pick Up Gold
November 20, 2021
The U.S. Federal Reserve has been circulating the narrative that inflation is transitory, but opposing views make the case for long-term inflation, which makes gold exposure a must. One thing to...
As Inflationary Pressures Remain, Gold Nears 5-Month High
November 18, 2021
Gold could finally be on the precipice of breaking out of its sideways trend as inflationary pressures are pushing prices close to a five-month high. Exchange-traded fund (ETF) investors have been...
Surging Inflation Helps Precious Metals ETFs Shine
November 15, 2021
Precious metals exchange traded funds are regaining their luster as three-decade high inflation pushed investors toward hard assets that help protect their purchasing power. Over the past month, the...
Sprott Acquires North Shore Global Uranium Mining ETF
November 05, 2021
Sprott Asset Management LP has entered into a definitive agreement with North Shore Indices, Inc. to acquire an exclusive license to use the North Shore Global Uranium Mining Index, the performance of...
A Reliable Track Record Still Draws Investors to Gold
November 02, 2021
The appeal of cryptocurrencies can be alluring given their bull run in 2021, but gold’s reliable track record is still a draw for a number of investors. “More than 50 years have passed since President...
During a Financial Crisis, Gold Is Still Your Best Bet
October 25, 2021
When it comes to a financial crisis, investors will want to have gold on their side based on data from yesteryear. “During major financial crises in history, gold has vastly outperformed paper assets,”...
In trading on Friday, shares of Sprott Physical Gold Trust (PHYS) crossed above their 200 day moving average of $14.20, changing hands as high as $14.25 per share. Sprott Physical Gold Trust shares are...
From Market News Video
Gold: The Seasonal Lows Appear To Be In Place
October 22, 2021
It has been difficult to trade the metals market over the past year. The fundamentals have been indicating that gold and silver should be shooting up, yet the markets have been going up and down a...
Gold Hits $1,800 As Yields Take a Dip
October 14, 2021
Gold finally touched $1,800 again as gold futures had their best weekly gain in five months. The gains come as U.S. Treasury yields and the dollar got hit with a modest dip. Many analysts anticipate...
Is Stagflation A Serious Market Risk?
October 14, 2021
It has been difficult to trade the market based on fundamentals since the pandemic struck. We appear to have several new black swans on the horizon to further muddy the application of fundamentals.
Palladium Prices See Technical Rebound as Dollar Continues Rally
October 12, 2021
Ask palladium traders, and they’ll tell you that the semiconductor shortage isn’t just punching the automotive industry in the gut. There could be signs of life, however, with a recent technical...