Investor Glossary-cboe gold indexInvestor Glossary-cboe gold indexInvestor Glossary-cboe gold indexInvestor Glossary-cboe gold indexInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

CBOE Gold Index

The HTML to link to this page
 

CBOE Gold Index stands for the Chicago Board Options Exchange (CBOE) Gold Index. The symbol for the CBOE Gold Index is GOX. The CBOE Gold Index tracks the prices of companies (i.e. there were 12 in 2008) involved in the production and mining of gold. The CBOE Gold Index is a price weighted index, modified using an equal weight approach to ensure that all companies included in the CBOE Gold Index carry the same value. At its inception in 1994, the CBOE Gold Index was set at 100 points. The CBOE Gold Index is published during trading hours and updated every 15 seconds. CBOE is responsible for maintaining and calculating the CBOE Gold Index. The CBOE Gold Index is reviewed quarterly when the CBOE conducts its quarterly share update and re-adjusts all shares to maintain an equal value for all companies included in CBOE Gold Index. This update occurs after the close of trading which is on the third Friday of March, June, September and December. CBOE can also, at its discretion, add or remove a company from the CBOE Gold Index in order to respond to changes in the gold industry and to ensure that the companies included in the CBOE Gold Index are still a fair representation of gold production and mining companies.



Rate this CBOE Gold Index definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: Key Rate Duration, EBITDA, phantom income, debt service coverage, inflation, liquidity ratio, wholly-owned subsidiary, limit order, Zero Cost Collar, FTSE, LIBOR, required rate of return, covered put, 401a, class C shares, diluted share, annual return, APR, stock market close, VIX, current ratio, labor relations, 144a, ex-dividend date, 1035 exchange, cancelled check, per diem, implied volatility, real GDP, minority interest, margin rate, command economy, ex-dividend, quality assurance, irrevocable trust, risk management, in escrow, reverse mortgage, retained earnings, deferred tax, dividends payable, average price per share, option premium, balance sheet, open position, 1031 exchange, stock split, FICO score, deferred revenue


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use