TRADEPLUS SHARIAH GOLD TRACKER

KLSE (MYR): GOLDETF (0828EA)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

3.05

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Overview

Market Cap

62 Million

NOSH

20 Million

Avg Volume (4 weeks)

41,750

4 Weeks Range

2.99 - 3.10

4 Weeks Price Volatility (%)

98.39%

52 Weeks Range

2.55 - 3.10

52 Weeks Price Volatility (%)

98.39%

Previous Close

3.05

Open

0.00

Bid

3.03 x 2,500

Ask

3.05 x 1,000

Day's Range

0.00 - 0.00

Trading Volume

0

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2023 [#2] | 30-Aug-2023

Next QR | Est. Ann. Date

30-Sep-2023 | 30-Nov-2023

T4Q P/E | EY

13.28 | 7.53%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

2.79 | 1.01

T4Q NP Margin | ROE

83.45% | 7.58%

Company Profile

Sector: EXCHANGE TRADED FUND-COMMODITY

Sector: EXCHANGE TRADED FUND-COMMODITY

Subsector: COMMODITY FUND

Subsector: COMMODITY FUND

Description:

TradePlus Shariah Gold Tracker is an exchange-traded fund incorporated in Malaysia. The Fund seeks to provide investment results that closely track the performance of Gold price. The fund invests a minimum of 95% of its assets in physical Gold Bars.

Discussions
1 person likes this. Showing 50 of 184 comments

ahbah

I 100% agree with U.
Gold protects us from falling ringgit.
Gold protects us from falling Bursa.
Gold protects us from rising inflation.
Verdict : Gold is our greatest protector !

2 months ago

ahbah

😴😴😴

2 months ago

ahbah

😴

2 months ago

ahbah

JPMorgan is forecasting a breakout rally for the precious metal in 2024 with a peak of $2,300 an ounce as interest rates are expected to fall, according to the bank's commodities outlook published earlier this month.

2 months ago

Timothy Dunbar

That's an interesting prediction from JPMorgan! A gold rally to $2,300 an ounce sounds promising, especially with the anticipated fall in interest rates. I'll be watching the market closely to see how it unfolds. Thanks for sharing this insight!

2 months ago

ahbah

Gold prices tend to spike when interest rates fall.

2 months ago

ahbah

Gold doesn’t generate income but can appreciate during economic uncertainty.

2 months ago

ahbah

Gold serves as a store of value, a hedge against inflation, and a safe-haven asset during economic turmoil.

Its unique properties make it a valuable addition to a diversified investment portfolio.

2 months ago

ahbah

Gold tends to perform well during periods of economic and geopolitical uncertainty, as it serves as a reliable store of value.

The anticipated retreat in both the USD and interest rates across 2024 further supports gold’s positive outlook.

2 months ago

ahbah

Gold rallied by 400% through both rising and falling interest rates, reaching just above $1,900 per ounce in 2011. 😁😁😁

2 months ago

ahbah

BUOYED by expectations of interest rate cuts, a weakening of the US dollar and a geopolitical premium, experts anticipate a CONTINUING UPTREND in the price of gold in 2024, even if inflation eases.

2 months ago

ahbah

Many people bought gold, as it is the best hedge against inflation.

2 months ago

ahbah

Gold could hit US$2,200 to US$2,400 an ounce by end-2024.

2 months ago

ahbah

On a long term basis of 5 years or more, the gold mkt ALWAYS goes UP and UP !!! πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

2 months ago

ahbah

Phillip Capital Upgrades TradePlus Shariah Gold Tracker, Raises Target Price to RM3.24

2 months ago

ahbah

😴😴😴

1 month ago

ahbah

Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says

1 month ago

ahbah

Gold Price Outlook:

In 2023, gold prices surged 13 percent, giving investors remarkable returns.

Now in 2024 as well, analysts expect the yellow metal to continue its stellar run.

1 month ago

ahbah

On the average, gold has seen an increase of 3.44 percent a month before the rate cut.

The metal price rose 1.56 percent in three months after the rate cut, and 6.29 percent in six months after the rate cut.

1 month ago

ahbah

😴

1 month ago

ahbah

Central banks emerge as significant buyers of gold, suggesting that their purchases are motivated by security concerns and a long-term insurance position.

4 weeks ago

ahbah

"On a year-to-date basis, central banks have bought an astonishing net 800t, 14% higher than the same period last year."

4 weeks ago

ahbah

Based analysis with historical data, noting that in the last nine recessions since the late 1960s, gold has increased in value in all but one.

4 weeks ago

ahbah

"Looking at the returns from six months before the start of the recession to six months after the end, we can see that gold has returned 28% on average and outperformed the S&P 500 by 37%."

4 weeks ago

ahbah

πŸ₯±

3 weeks ago

ahbah

In every recession except one gold went up. In the majority of recessions, gold stocks rose and in some cases gained up to 200 percent.

2 weeks ago

ahbah

Day said β€œthere’s no doubt in my mind” the Fed will cut interest rates this year, and if gold gets to $2,100 an ounce, β€œpeople are going to start coming back very rapidly I think.”

2 weeks ago

ahbah

More bank failures ahead

The main reason for the Fed to introduce QE would be more incoming bank failures, according to Prins.

"I do see the potential for a massive crisis in the banking sector. We are not out of the woods there. If that happens, it will be remedied by QE, and that will help this particular sector by creating liquidity," Prins said.

2 weeks ago

ahbah

Data released on Tuesday showed that US household debt reached a new record high of $17.5 trillion in the fourth quarter of 2023.

Kredit cards oredi pakai sampai maximum lah !!!

2 weeks ago

ahbah

😴

2 weeks ago

ahbah

Gold demand hit a record last year and is expected to keep the trend in 2024

1 week ago

ahbah

The overall consumption of the yellow metal increased by about 3% to 4,899 tons last year, backed by solid demand in the opaque over-the-counter market (OTC) and buying by central banks worldwide, especially in China and Poland.

1 week ago

ahbah

The annual demand in the OTC market hit 753% in 2023, the highest since 2011, according to WGC data.

1 week ago

stevenchua5

Is this gold etf 100% money guaranteed? or it may close down suddenly

1 week ago

ahbah

πŸ€”πŸ€”πŸ€”

4 days ago

ahbah

Citi sees potential for gold to hit $3,000, but that’s not the base case.

4 days ago

ahbah

A technical recession in the United Kingdom is helping to drive physical bullion demand as consumers look to protect their wealth, according to the latest comments from the British Royal Mint.

4 days ago

ahbah

Amid calls for the overnight policy rate (OPR) to be raised, the Prime Minister believes that increasing it to strengthen the ringgit’s value will not help the people, says Fahmi Fadzil.
Back the MYR with gold ? πŸ˜„πŸ˜„πŸ˜

4 days ago

HerryNicoles


You know GOLDETF (0828EA) is radie a bullish wave, hitti all-time highs in gold prices, and not much chatter, maybe due to diverse interests or focus on other assets. Gold is a go-to during economic uncertainty, and its current all-time high is worth noting. So,staying informed is crucial for smart investment decisions, especially with gold hitting milestones

4 days ago

ahbah

On a long term basis : all currencies including USD = always depreciate to 0 value as they are printed from NOTHING. gold = always on uptrend with no upper max. limit, continuing hitting all-time high non-stop forever ! 😍πŸ₯°πŸ€©

4 days ago

ahbah

I mean fiat currencies, please.

4 days ago

ahbah

😴

4 days ago

ahbah

Central banks are turning to gold as they lose faith in bonds - ANZ

Shall we also turn to gold as like central banks ?

2 days ago

ahbah

Central banks have been solid gold buyers for more than a decade; however, their appetite has become insatiable in the last two years as global reserves have risen by more than 1,000 tonnes in both 2022 and 2023.

2 days ago

ahbah

In the last two years central bank gold purchases as its share in global demand has tripled, representing between 25% and 30%.

2 days ago

ahbah

The Australian bank expects central bank demand to remain a dominant factor in the gold market for at least the next six years.

2 days ago

ahbah

[Emerging market] central banks could purchase over 600 tonnes of gold annually until 2030, to take its share in their foreign reserves to 10%.

2 days ago

ahbah

Central bank demand should help support gold prices push back to record highs of around $2,200 by the end of the year.

2 days ago

ahbah

😴

19 hours ago

Post a Comment