BAR 26.70 Stock Price GraniteShares Gold Trust
Range: | 19.54-27.545 | Vol Avg: | 781800 | Last Div: | 0 | Changes: | 0.34 |
Beta: | 0.15 | Cap: | 0.93B | Currency: | USD | Exchange: | AMEX |
Sector: | Financial Services | IPO: | Fri Sep 01 2017 | Empoloyees: | |
CUSIP: | 38748G101 | CIK: | 0001690437 | ISIN: | US38748G1013 | Country: | US |
|
BAR invests directly in physical gold stored in a London vault and custodied by ICBC Standard Bank. The structure of a grantor trust protects investors since trustees cannot lend the gold bars. Since BAR holds physical gold bars, investors can expect the fund to track the price of spot gold closely. Moreover, the fund provides exposure that is essentially identical to established competitors like GLD and IAU. Like all physical gold funds, any long-term gains will result in noteworthy tax liabilities, since BAR is considered a collectible.Investors should consider aspects such as fund issuer, trust custodian, vault location, and all-in trading costs when comparing similar funds.
The content provided on this site is for informational purposes only and does not constitute financial, investment, or professional advice. We are not registered investment advisors or financial planners, and we do not provide recommendations or advice on buying, selling, or holding any particular stocks or securities. Any investment decisions should be made based on your own research and consultation with a qualified financial professional. We are not responsible for any financial loss or damages incurred from reliance on the information provided on this site. Please invest responsibly and seek professional advice when needed.