(GLDM) Gold Min Trust - NYSE
ETF Category: Commodities Focused | Exchange: NYSE (USA) | Market Cap: 28.461m USD | Total Return: 25.2% in 12m
Avg Turnover: 372M
Warnings
Choppy
Tailwinds
No distinct edge detected
SPDR Gold MiniShares (GLDM) is a physically backed exchange-traded fund designed to track the spot price of gold bullion. Launched in 2018, the fund provides a lower-priced share structure compared to traditional gold trusts, aiming to reduce the cost of entry for retail and institutional investors seeking exposure to precious metals.
The business model of a commodity ETF involves holding the underlying physical asset in secure vaults, typically managed by a custodian bank, to ensure the shares reflect the metals market value. Gold often serves as a strategic hedge against inflation and currency devaluation within a diversified portfolio. Investors can further analyze asset allocation strategies by reviewing the data available on ValueRay.
As a large-cap commodity fund, GLDM offers high liquidity and tight bid-ask spreads, facilitating efficient trading on the NYSE. The trust structure eliminates the logistical challenges of physical storage, insurance, and transport for individual shareholders.
- Federal Reserve interest rate policy and real yield fluctuations
- Global central bank gold reserve accumulation and diversification
- Geopolitical instability driving safe-haven demand and capital inflows
- Competitive expense ratio relative to larger physical gold ETFs
As of June 20, 2026, the stock is trading at USD 83.44 with a total of 3,718,000 shares traded.
Over the past week, the price has changed by +0.25%,
over one month by -5.93%,
over three months by -9.17% and
over the past year by +25.17%.
Gold Min Trust has no consensus analysts rating.