iShares Gold Trust (IAU) Most Shorted Gold Company on NYSE

iShares Gold Trust (NYSE:IAU) is the most shorted gold company on the New York Stock Exchange, with 7,886,558 shares sold short on April 29.

Another 3,959,535 shares were sold short on April 15. That almost doubled the amount of shorts sold.

Gold for June delivery shed $3 to close at $1,490.60 at the Comex division of the New York Mercantile Exchange. The gold price Monday traded in a range of a low of $1,486 and a high of $1,504.30.

Silver prices ended the day down 88 cents to close at $34.13 an ounce.

The U.S. dollar index fell 0.43 percent to $75.38.

The euro strengthened as Monday trading went on, putting pressure on the U.S. dollar.

iShares Gold Trust closed Monday at $14.57, dropping $0.02, or 0.14 percent.

Gold ETFs SPDR (GLD) (GDX) (GDXJ) (IAU) (DGP) Trade Down As Gold Falls

Gold and silver prices went through a reversal Friday, as gold closed down and silver rebounded to close higher, putting pressure on gold ETFs like SPDR Gold Trust (NYSE:GLD), Market Vectors Gold Miners ETF (NYSE:GDX), Market Vectors Junior Gold Mine (NYSE:GDXJ), PowerShares DB Gold Double Long ETN (NYSE:DGP) and iShares Gold Trust (NYSE:IAU), which all closed down Friday.

Gold for June delivery fell $13.10 to close at $1,493.60 at the Comex division of the New York Mercantile Exchange. The spot gold price was down by about $13 an ounce. Silver prices settled up 21 cents to $35.01 an ounce.

The U.S. dollar index was up 0.74 percent to $75.75 as the euro continued to get hammered on the sovereign debt crises in Europe. The euro plunged 1.7 percent last week as Greece was again in the spotlight for the need to probably be bailed out again, as it appears the country refuses to implement austerity measures to deal with the situation, as it, along with numerous countries, has made progressive, socialists promises they aren't able to keep.

Besides the long-term collapse of the U.S. dollar and the European sovereign debt crises, other factors offering support to gold include tightening in China, inflation, and unrest in the middle east.

SPDR Gold Trust (GLD) closed Friday at $145.63, down $0.96, or 0.65 percent. Market Vectors Gold Miners ETF (GDX) ended the day at $54.21, falling $0.44, or 0.81 percent. Market Vectors Junior Gold Mine (GDXJ) closed at $34.69, dropping $0.67, or 1.89 percent. iShares Gold Trust (IAU) closed at $14.59, declining $0.10, or 0.68 percent. PowerShares DB Gold Double Long ETN (DGP) ended the session at $46.19, falling $0.66, or 1.42 percent.

Ultra Silver (AGQ) (ZSL) (GLD) (GDX) Close Mixed as Gold, Silver Soar Again

ProShares UltraShort Silver (NYSE:ZSL), ProShares Ultra Silver (NYSE:AGQ), iShares Gold Trust (NYSE:GLD) and Market Vectors Gold Miners ETF (NYSEArca:GDX) closed mixed Wednesday as silver continues its upward climb and gold to break records on almost a daily basis.

After surpassing the $45 level Wednesday, silver prices ended the day up 54 cents to close at $44.46 an ounce. That was also another 31-year high as it pushes to break $50 and move on to an all-time record. Silver traded between $43.835 and $45.400.

Gold prices roared to another intraday record, reaching as high as $1,506.20 an ounce before pulling back to settle for June delivery at $1,498.90 an ounce, an increase of $3.80 at the Comex division of the New York Mercantile Exchange.

Wednesday was the fourth session in a row gold prices broke an intraday record, as well as settling at a new record as well.

Gold and silver prices continue to surge on safe-haven buying with the major impetus at this time probably being a collapsing U.S. dollar. The U.S. dollar index fell 0.84% to $74.43 as it continues to struggle after Monday's S&P downgrade of the U.S. economy and warning of a credit downgrade if the U.S. doesn't quit its outrageous spending and reduce its debt.

The downgrade of the outlook of U.S. debt, sovereign debt crisis in Europe, Chinese inflation, soaring oil prices, and the ongoing fallout from the earthquake in Japan are just some of the other factors offer support to gold.

The gold-silver ratio, which measures how many silver ounces are needed to acquire an ounce of gold, fell under 34 — its lowest level since 1983.

Market Vectors Gold Miners ETF closed Wednesday at $62.10, up $0.46, or 0.75 percent. iShares Gold Trust closed at $146.50, gaining $0.57, or 0.39 percent. ProShares Ultra Silver ended the trading day at $37.63, jumping $15.44, or 5.06 percent. ProShares UltraShort Silver closed at $15.78, falling $0.89, or 5.34 percent.

Look To (ZSL) (AGQ) (SLV) (GLL) (UGL) (GLD) as Gold, Silver Continue Climb

If you like what you see with gold and silver, as gold hits record prices and silver continues to move toward its all-time high while surpassing 31-year highs almost daily, then you may want to look toward investment vehicles like ProShares UltraShort Silver (NYSE:ZSL), ProShares Ultra Silver (NYSE:AGQ), iShares Silver Trust (NYSE:SLV), ProShares UltraShort Gold (NYSE:GLL), ProShares Ultra Gold (NYSE:UGL) or iShares Gold Trust (NYSE:GLD).

Gold and silver miners on the other hand are more volatile and include a lot of other elements typical of any company, such as management quality, debt, and numerous other factors.

That's not to say you won't make money with miners, as a number of them have been shooting up with the price of the precious metals, albeit usually trailing the movements.

Gold is trading over $1,500 an ounce and silver over $45 an ounce a little after 12:00 PM EDT.