SPDR Gold Shares (GLD) Stock Price

SPDR Gold Shares, listed on NYSE Arca under the ticker symbol GLD, is a popular and highly liquid exchange-traded fund that seeks to track the performance of gold bullion, less the expenses of operations. Founded in 2004 and managed and marketed by State Street Global Advisors, GLD is today the largest precious metal ETF in the world, with about $70 billion in assets under management as of 2022. GLD shares represent fractional, undivided ownership interests in the SPDR Trust, whose sole holdings are physical gold bullions and, on occasion, cash. In this sense, the top gold ETF offers investors and speculators alike an innovative and cost-effective way to gain exposure to the market without worrying about the logistics of acquiring, storing, or insuring the yellow metal. For traders looking to hedge against inflation, protect against market turbulence, diversify, or simply position for a change in the interest rate environment, GLD stocks, used as a proxy for gold, can be an excellent investment vehicle to enhance portfolio returns. Follow the GLD stock price in real time and analyze the gold ETF chart patterns to gain insight into how the market is moving and improve your technical analysis skills.