HUI Gold Index - Ticker: "GLDI"
The NYSE Arca Gold BUGS Index is a modified equal dollar weighted index of companies involved in gold mining.
BUGS stands for Basket of Unhedged Gold Stocks. It is also referred to by its ticker symbol "HUI".
The HUI Index and Philadelphia Gold and Silver Index (XAU) are the two most watched gold indices on the market.
The main difference between them is that the HUI Index takes into account only gold producer stocks whereas the XAU Index includes both gold and silver producers.
The Gold BUGS Index was designed to provide significant exposure to near term movements in gold prices by including companies that do not hedge their gold production beyond 1.5 years.
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This coin's wallet is set to serve a fund supporting the needy in the community.
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credit;
wikipedia.org/wiki/HUI_Gold_Index
