SPDR Gold Shares (GLD)
| Assets | $64.83B |
| NAV | $171.73 |
| Expense Ratio | 0.40% |
| PE Ratio | n/a |
| Shares Out | 377.50M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | +2.05% |
| Volume | 6,143,081 |
| Open | 170.24 |
| Previous Close | 170.26 |
| Day's Range | 169.85 - 170.74 |
| 52-Week Low | 160.68 |
| 52-Week High | 193.30 |
| Beta | 0.10 |
| Holdings | 1 |
| Inception Date | Nov 18, 2004 |
About GLD
The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust"s expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.
News
Gold price see little reaction after U.S., Canada, Britain, and Japan ban new Russian gold imports
(Kitco News) - Members of the Group of Seven, representing the top economies in the world, are adding gold to their sanctions against Russia because of its ongoing invasion of Ukraine.
Retail investors see no urgency to buy gold as prices remain stuck in neutral
(Kitco News) - Gold remains stuck in its months-long consolidation pattern, and analysts note that a lack of urgency in the marketplace could be keeping retail investors on the sidelines.
Gold edges lower for the week; copper suffers worse weekly fall in a year
Gold futures edged up on Friday, but posted a loss of 0.6% for the week, as copper prices suffered their largest weekly drop since June of last year. "Gold remains trapped in a range as traders await to...
Focus on recession: next week is all about this level for gold price – analysts
(Kitco News) - Signs of peak inflation and slower growth are reviving risk-on sentiment in the marketplace. And that comes with hopes that the Federal Reserve might not need to tighten as much as previo...
Gold price down as risk sentiment improves a bit
(Kitco News) - Gold and silver prices are weaker in early U.S. trading Friday, with silver scoring a six-week low. The safe-haven metals are seeing some selling pressure as risk appetite has up-ticked m...
What's gold price outlook as markets shift from inflation to recession fears?
(Kitco News) - Gold's volatility has been relatively low compared to other assets as the precious metal retains its "mild bull market" status and trades comfortably between $1,800-$1,900 an ounce. But d...
Can Gold ETFs Bounce Back On Recessionary Fears?
Although 2022 has been extremely downbeat for stocks, gold has not posted a blockbuster performance either. But recessionary fears may provide some strength to the safe-haven metal gold.
Gold, silver weaker amid commodity markets slump
(Kitco News) - Gold and silver prices are modestly lower in midday U.S. trading Thursday, as the metals markets are participants in a general commodity market erosion led by crude oil. U.S. and global e...
Gold price at daily highs as U.S. manufacturing PMI reveals sharp slowdown in the U.S. economy
(Kitco News) - Gold prices were trading near daily highs, erasing all early-morning losses, after the release of preliminary manufacturing and service-sector sentiment data for June.
Gold, silver see price pressure amid firmer U.S. dollar
(Kitco News) - Gold and silver prices are moderately lower in early U.S. trading Thursday, weighed down by a higher U.S. dollar index and the recent slump in crude oil prices. August gold futures were l...
Price of Gold Fundamental Daily Forecast – Chart Pattern Suggests Traders Not Fully-Committed to Recession
Falling Treasury yields are one indication that some traders are betting on a recession. However, we're not seeing the same bets in the gold market.
Silver ETFs Are Gaining Ground
Recent performance may suggest a turnaround for silver investments.