GLD - SPDR Gold Shares - Stock Price & Dividends

The SPDR Gold Shares, listed on the NYSE Arca under the ticker symbol GLD, is an investment trust that holds physical gold bars in its vaults. The trust operates by issuing baskets of shares in exchange for deposits of gold, and conversely, distributes gold when investors redeem their shares.

The primary objective of the trust is to track the performance of gold bullion prices, minus the trust's operating expenses. This means that the value of the shares is designed to closely follow the fluctuations in the gold market, providing investors with a convenient way to invest in gold without the need to physically hold the metal.

One of the key benefits of the SPDR Gold Shares is its cost-effectiveness. By pooling resources and spreading the costs of gold storage and management, the trust offers investors a more affordable way to invest in gold compared to buying and storing physical gold themselves. This makes it an attractive option for many investors seeking to diversify their portfolios with a precious metal.

For more information about the SPDR Gold Shares, you can visit the company's website at http://www.spdrs.com. As a US-based investment trust, the SPDR Gold Shares are subject to the regulatory framework of the United States.