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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/22/2024 |
$44.19 |
$44.32 |
$43.96 |
$44.04 |
8.88M | 04/23/2024 |
$43.72 |
$44.10 |
$43.69 |
$43.91 |
8.38M | 04/24/2024 |
$43.88 |
$44.20 |
$43.80 |
$43.86 |
5.19M | 04/25/2024 |
$43.81 |
$44.34 |
$43.79 |
$44.11 |
8.20M | 04/26/2024 |
$44.29 |
$44.34 |
$44.04 |
$44.26 |
6.04M |
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iShares Gold Trust owns gold transferred to the Trust in exchange for shares issued by the Trust (Shares). The assets of the Trust consist primarily of gold held by the Trust's custodian on behalf of the Trust. The activities of the Trust are limited to issuing shares in exchange for the gold deposited with the Custodian as consideration, selling gold as necessary to cover the Sponsor's fee, Trust expenses not assumed by the Sponsor and other liabilities, and delivering gold in exchange for Baskets surrendered for redemption. It does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of gold. | |
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Ishares Gold Trust the Ishares Gold Trus (IAU) has the following price history information. Looking back at IAU historical stock prices for the last five trading days, on April 22, 2024, IAU opened at $44.19, traded as high as $44.32 and as low as $43.96, and closed at $44.04. Trading volume was a total of 8.88M shares. On April 23, 2024, IAU opened at $43.72, traded as high as $44.10 and as low as $43.69, and closed at $43.91. Trading volume was a total of 8.38M shares. On April 24, 2024, IAU opened at $43.88, traded as high as $44.20 and as low as $43.80, and closed at $43.86. Trading volume was a total of 5.19M shares. On April 25, 2024, IAU opened at $43.81, traded as high as $44.34 and as low as $43.79, and closed at $44.11. Trading volume was a total of 8.20M shares. On April 26, 2024, IAU opened at $44.29, traded as high as $44.34 and as low as $44.04, and closed at $44.26. Trading volume was a total of 6.04M shares.
IAU Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ishares Gold Trust the Ishares Gold Trus shares, starting with a $10,000 purchase of IAU, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$25.12 |
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End price/share: |
$44.26 |
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Dividends collected/share: |
$0.00 |
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Total return: |
76.19% |
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Average Annual Total Return: |
5.83% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,623.33 |
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Years: |
10.00 |
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Date |
Close |
04/22/2024 | $44.04 | 04/23/2024 | $43.91 | 04/24/2024 | $43.86 | 04/25/2024 | $44.11 | 04/26/2024 | $44.26 |
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