AfricaGold ETF (JSE: ETFGLD)
- Open
- R668.86
- Prev Close
- R659.99
- Day High
- R669.59
- Day Low
- R664.90
Key statistics
| Market cap | N/A |
|---|---|
| P/E | N/A |
| EPS | N/A |
| Div yield | N/A |
| 52W high | R768.75 |
| 52W low | R555.00 |
| Volume | 4 |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from live member stances recorded by registered members on this page.
What the community is sayingBullish
Investors are pleased with AfricaGold ETF (ETFGLD) today, noting strong gains with the stock moving to 694.80 and displaying notable positive price movement throughout the session.
Summarized from 3 posts · updated nightly
ETFGLD at 712.18 tracks the big gold miners pretty tightly, but you're paying for that convenience. A direct bet on AngloGold or Harmony gives you the upside without the ETF drag, though ETFGLD does spread your risk across the sector.
ETFGLD at R695 is tracking the rand weakness story pretty hard. compared to the broad Satrix Top 40 ETF it's a different beast entirely, way more leveraged to gold price moves and currency plays rather than blue chip earnings.
ETFGLD sitting flat at R680.59 but the rand weakness narrative everyone's buying into feels overdone. Gold's been range-bound for months and this ETF is pricing in too much upside from currency moves alone.
ETFGLD at R676.98 is tracking the gold complex reasonably well, though the unit trust alternative (like Satrix Gold) tends to lag slightly due to fee drag over longer periods. Gold ETFs on the JSE are playing catchup to rand weakness rather than pure bullion momentum, which keeps
ETFGLD down 0.64% today to R638.73 while gold spot prices remain relatively firm, suggesting some local fund outflow rather than commodity weakness. The ETF's tracking error against bullion futures has widened lately compared to the tight correlation we saw mid-year, worth monito