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SGOL does not currently pay a dividend.
See exactly how SGOL's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for SGOL and 80,000+ other tickers.
The abrdn Physical Gold Shares ETF, identified by its ticker symbol SGOL, is structured to track the market value of physical gold. Its objective is to reflect the price fluctuations of gold bullion, after accounting for the Trust's various operational costs and fees.
The latest Kitco News Weekly Gold Survey showed Wall Street unanimously bullish after gold's post-Fed gains, while Main Street bolstered its bullish majority following gold's solid weekly performance.
Silver and platinum have also gained strong upside momentum ahead of the weekend.
Central banks are just getting started with interest rate hikes, but despite this new tightening cycle, they are unlikely to get in front of the inflation curve, which means there is still a solid reason to own gold, according to one international investment bank.
Indian jewelry buying was resilient and physical investment demand remained steady despite August's gold price volatility, while ETF demand remained positive and gold futures volumes hit a five-month high, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC).In the latest WGC India update, Chacko wrote that both international and domestic gold prices surged in August, while domestic discounts widened.
Gold is stabilizing around key moving averages as buyers return, with $4,500 remaining the next major resistance test.