(GLD) Gold Shares - Overview
ETF Category: Commodities Focused | Exchange: NYSE ARCA (USA) | Market Cap: 147.215m USD | Total Return: 36.5% in 12m
Avg Turnover: 2.46B
Warnings
Choppy
Tailwinds
No distinct edge detected
SPDR Gold Shares (GLD) is an exchange-traded fund designed to track the spot price of gold bullion by holding physical gold bars in secure vaults. The Trust facilitates liquidity by issuing and redeeming Baskets of shares in exchange for physical gold deposits, allowing investors to gain exposure to the metal without the logistical challenges of direct ownership.
The precious metals sector typically serves as a hedge against currency devaluation and systemic financial risk. Unlike equity-based ETFs, commodity trusts like GLD do not generate cash flow or dividends, as their value is derived solely from the market price of the underlying physical asset. Investors can further evaluate how gold fits into a diversified portfolio at ValueRay.
- Global interest rate cuts increase investor demand for non-yielding bullion assets
- Geopolitical instability drives safe-haven capital flows into gold exchange traded funds
- Real interest rate fluctuations impact the opportunity cost of holding gold
- US dollar strength inversely correlates with the spot price of gold bullion
- Annual expense ratios reduce Net Asset Value relative to spot gold prices
As of May 30, 2026, the stock is trading at USD 417.12 with a total of 7,666,716 shares traded.
Over the past week, the price has changed by +0.03%,
over one month by -0.07%,
over three months by -13.77% and
over the past year by +36.49%.
Gold Shares has no consensus analysts rating.