iShares S&P/TSX Global Gold Index ETF (TSE:XGD) Trading 1.6% Higher – Should You Buy?

iShares S&P/TSX Global Gold Index ETF (TSE:XGDGet Free Report) shares rose 1.6% during trading on Thursday . The stock traded as high as C$30.22 and last traded at C$30.20. Approximately 1,328,663 shares traded hands during mid-day trading, an increase of 103% from the average daily volume of 654,943 shares. The stock had previously closed at C$29.72.

iShares S&P/TSX Global Gold Index ETF Trading Up 1.6 %

The firm’s 50 day simple moving average is C$27.53 and its two-hundred day simple moving average is C$24.67.

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