SPDR Gold Shares
GLD
GLD
SPDR Gold Shares is in focus following the headline 'Gold Rises, Supported by Potential China Demand' from wsj.com. The fund holds approximately $141.59 billion in assets under management (AUM: 141,589,200,000). It operates with an expense ratio of 0.4%.
Based on wsj.com6,096 SPDR Gold Shares $GLD Shares Purchased by Banque Pictet & Cie SA
Wall Street undecided on gold's near-term trajectory, Main Street flirts with bearish bias after gold hits $4,200/oz ceiling
Gold, silver diverge as Fed-pause expectations collide with rising crude prices - Kitco PM Report
Gold looks to housing, PMI and consumer sentiment data for direction next week
AI Gold Rush Hits America's College Campuses
Gold holds near $4,170 as inflation keeps December Fed tightening in play - Kitco AM Report
The SPDR Gold Trust aims to mirror the market price movements of physical gold bullion, after deducting its operational expenses. This pioneering fund was the first gold exchange-traded fund (ETF) to be introduced in the U.S., and also the initial U.S.-listed ETF to be backed by a tangible asset. For a significant number of investors, the combined expenses of purchasing GLD shares on the secondary market and covering the Trust's continuous fees could be lower than the expenditures associated with directly acquiring, safeguarding, and insuring physical gold within a conventional allocated bullion account.
Sector allocation
Ask Blinx with professional market data, charts beside chat, and your portfolio context.
Default quotes are Lang & Schwarz. NASDAQ is the delayed listing price. Charts stay daily. Not investment advice.