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GGM

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    26.7433$
  • Previous Close
    26.7433$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol GGM.US refers to Guggenheim Tax Managed Global Equity ETF. This is an exchange-traded fund (ETF) that aims to track the investment results of an index composed of globally listed developed and emerging market equity securities, while also employing a tax-managed strategy. It's offered by Guggenheim Investments.
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Factors

Global Gold Miners ETF (GGM.US) price is influenced by: Gold Prices: GGM tracks gold mining companies, so gold prices heavily impact profitability and thus stock prices.

Equity Market Performance: Overall market sentiment affects investor appetite for gold miners.

Company Specific News: Individual performance of GGM's holdings affects the ETF's value.

Geopolitical Events: Uncertainty often drives investors to gold, boosting miners' stock values.

Interest Rates: Higher rates can decrease gold's attractiveness, potentially impacting GGM negatively.

Inflation: Gold is sometimes seen as an inflation hedge; rising inflation can benefit GGM.

Currency Fluctuations: Strength of the US dollar impacts gold prices, affecting GGM returns.

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