SPDR Gold MiniShares Trust (GLDM)

NYSEARCA: GLDM · IEX Real-Time Price · USD
35.53
+0.31 (0.88%)
Aug 8, 2022 4:00 PM EDT - Market closed
0.88%
Assets $5.22B
NAV $35.42
Expense Ratio 0.10%
PE Ratio n/a
Shares Out 147.35M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
1-Year Return +2.51%
Volume 1,890,785
Open 35.39
Previous Close 35.22
Day's Range 35.36 - 35.55
52-Week Low 33.68
52-Week High 41.14
Beta 0.12
Holdings 1
Inception Date Jun 25, 2018

About GLDM

The Shares are designed for investors who want a cost-effective and convenient way to invest in gold. Advantages of investing in the Shares include ease and flexibility of investment and expenses.

Asset Class Portfolio-Multi Asset
Region North America
Issuer State Street Global Advisors
Stock Exchange NYSEARCA
Ticker Symbol GLDM
Index Tracked Solactive GLD Long USD Gold Index

News

CFTC charges World Series of Poker player with manipulating gold and silver markets

(Kitco News) - In another spoofing case, the Commodity Futures Trading Commission (CFTC) charges a Nevada metals trader, who has a lucrative poker side-gig, with spoofing the gold and silver futures mar...

Gold ends back above key $1,800 level on Monday as U.S. dollar, yields retreat

Gold futures closed higher Monday, shrugging off Friday's weakness, to end back above the key $1,800 level. Gold for December GCZ22, +0.80% GC00, +0.80% ended 0.8% higher, up $14, to settle at $1,805.20...

Gold, silver boosted by falling USDX, U.S. bond yields, rising oil

(Kitco News) - Gold and silver prices are higher, with silver sharply up and hitting a five-week high in midday U.S. trading Monday.

Risk of significant reversal in gold price rally as inflation report looms, says TD Securities

(Kitco News) - The strong employment report proved that the U.S. economy is still expanding despite two consecutive negative quarterly GDP releases. And for gold, this means that the price rally could b...

Gold Price Forecast – Gold Markets Continue to Threaten Resistance

Gold markets have rallied a bit during the trading session on Monday to show signs of life, suggesting that we are threatening to break out.

Gold prices steady as strong U.S. jobs data spurs bets on big Fed rate hike

Gold futures were steady on Monday as July's jobs report cleared the way ahead for more interest rate hikes, but investors still await Wednesday's inflation data for fresh guidance on the rate outlook.

Gold Price Futures (GC) Technical Analysis – Short-Term Strength Over $1798.50, Weakness Under $1791.00

Gold prices are being capped by worries over a super-sized rate hike by the Federal Reserve at its September meeting.

Price gains for gold, silver amid weaker USDX, lower bond yields

(Kitco News) - Gold and silver prices are higher in early U.S. trading Monday, as traders are eyeing the bullish daily aspects of a weaker U.S. dollar index and falling U.S. Treasury bond yields to star...

Daily Gold News: Monday, August 8 – Gold Price is Close to $1,800 Again

Below you will find our Gold, Silver, and Mining Stocks economic news schedule for the next two trading days.

Price of Gold Fundamental Daily Forecast – Fear of Super-Sized Fed Rate Hike Capping Gains

Fed Governor Michelle Bowman said the Fed should consider more 75 basis-point rate hikes in order to bring high inflation back to its 2% mandate.

Gold's Fed-induced short squeeze has disappeared

(Kitco News) - There is never a dull momentum in financial markets as the weekend ends with fireworks following a chartbuster U.S. employment report.

Gold Price Futures (GC) Technical Analysis – Struggling to Overcome $1798.50 – $1822.60 Retracement Zone

Today's NFP report shows the economy is strong enough to handle another 75 basis point rate hike by the Fed at its next meeting on September 21.

Jobs report a 'game changer' for gold price, focus shifts to next week's inflation numbers

(Kitco News) - With the surprisingly strong employment situation in the U.S., the Federal Reserve won't be pivoting from its aggressive tightening cycle in September, which will hurt gold in the short t...

Wall Street on the sidelines in gold market as blockbuster NFP raises calls for Fed to hike 75 basis points in September

(Kitco News) - The gold market is seeing its third week of gains; however, sentiment is again shifting, as prices cannot break above $1,800 an ounce, according to the Kitco News Weekly Gold Survey.

Gold Weekly Price Forecast – Gold Markets Running Into Resistance

Gold markets have rallied during the week, but it looks as if the $1800 level is going to continue to offer a bit of resistance.

Gold Price Forecast – Gold Markets Pull Back

Gold markets pulled back during the Friday session after the jobs number came out much hotter than anticipated.

Gold prices retreat from one-month high as yields, dollar rebound after strong U.S. jobs report

Gold prices came off a one-month peak on Friday, trading lower as the U.S. jobs report showed employers hired far more workers than expected in July, pushing Treasury yields and dollar higher.

Heavy price pressure on gold, silver after strong U.S. jobs data

(Kitco News) - Gold and silver prices are solidly lower in early U.S. trading Friday, in the wake of a surprisingly strong U.S. employment report that may force the Federal Reserve to become even more a...

A Strong Dollar and Weaker Chinese Yuan Both Drag Down Gold

Investors often rush to buy the haven asset gold when inflation is high, but a strong dollar combined with a weaker yuan are bad news for gold bugs.

Gold prices down as U.S. economy created 528K jobs in July

(Kitco News) - The gold market is seeing further selling pressures, falling from resistance at $1,800 as the U.S. labor market saw significant growth in July.

Daily Gold News: Friday, August 5 – Gold Price Fluctuates Ahead of Monthly Jobs Release

Gold is 0.4% lower this morning, as it retraces some of its yesterday's advance ahead of the important monthly jobs data release.

Gold Price Futures (GC) Technical Analysis –Weakens Under $1798.50, Strengthens Over $1822.60

A strong NFP report would likely give Treasury yields and the U.S. Dollar a lift, while driving down gold prices.

July was worst month for gold ETFs sinec March 2021

(Kitco News) - July was the worst month for outflows in global gold-backed exchange-traded funds since March of 2021, as 81 tonnes of the precious metal left the market, according to the latest report f...

Gold, Silver ETFs Are Climbing

Precious metals-related exchange traded funds surged Thursday as traders looked to hedge against lingering geopolitical tensions and turned to hard assets with U.S. Treasury yields slipping. Among the b...

Now Could Be the “Perfect Time” To Buy Gold

Gold's “bizarre” era may be nearing a close, according to Mad Money host Jim Cramer. “The charts, as interpreted by the legendary Larry Williams, suggest that the general public's giving up on gold en m...