PowerShares Global Gold and Precious Metals Portfolio (PSAU) Shares Cross Above 200 DMA

In trading on Thursday, shares of the PowerShares Global Gold and Precious Metals Portfolio ETF ( PSAU) crossed above their 200 day moving average of $17.95, changing hands as high as $18.16 per share. PowerShares Global Gold and Precious Metals Portfolio shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of PSAU shares, versus its 200 day moving average:

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PowerShares Global Gold and Precious Metals Portfolio 200 Day Moving Average Chart

Looking at the chart above, PSAU's low point in its 52 week range is $14.34 per share, with $23.56 as the 52 week high point — that compares with a last trade of $18.10.

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