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


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
©2004-2016 Investor Glossary - All rights reserved - Terms of Use