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Enter Symbol:
 
SPDR Gold Shares (GLD) [hlAlert]

Rating:
Hold GLD

Streettracks Gold Trust (GLD) rated Hold

Posted on: Friday,  Oct 12, 2007  9:25 AM ET by Banc of America Sec

streetTRACKS Gold Shares (GLD) rated
Neutral with price target $10 by Banc of America Sec.

The investment seeks to strive to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust holds gold, and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets. The gold held by the trust will only be sold on an as-needed basis to pay trust expenses, in the event the Trust terminates and liquidates its assets, or as otherwise required by law or regulation. The Trust is not managed like an active investment vehicle, and it's not registered as an investment company under the Investment Company Act of 1940.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/12/2007 9:25 AM Hold
None
74.05 10.00
as of 12/24/2008
1 Week up  5.28 %
1 Month down  -1.35 %
3 Months up  1.34 %
1 YTD up  3.69 %

(*) Stock Price at the time of the recommendation.
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