GLD - SPDR Gold Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
126.56
-0.04 (-0.03%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close126.60
Open127.21
Bid0.00 x 1000
Ask0.00 x 800
Day's Range126.26 - 127.63
52 Week Range111.06 - 127.63
Volume8,996,983
Avg. Volume6,603,812
Net Assets30.95B
NAV127.51
PE Ratio (TTM)N/A
Yield0.00%
YTD Return5.24%
Beta (3Y Monthly)0.01
Expense Ratio (net)0.40%
Inception Date2004-11-18
Trade prices are not sourced from all markets
  • Crude Oil could hit $78 in three months, Gold sees highest inflow in three years
    Yahoo Finance Video12 days ago

    Crude Oil could hit $78 in three months, Gold sees highest inflow in three years

    Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Jared Blikre discuss today's commodities report, looking at Crude Oil and gold.

  • Gold Miners Could Reward Long-Suffering Shareholders
    Investopedia2 days ago

    Gold Miners Could Reward Long-Suffering Shareholders

    Gold miners and the gold futures contract have completed multi-year basing patterns and could break out in coming weeks.

  • ETF Trends2 days ago

    Paul Tudor Jones Gives Gold His Vote of Confidence

    Gold received a vote of confidence from hedge fund manager and philanthropist Paul Tudor Jones who says that if the commodity can break the $1,400 price barrier, it could reach $1,700 quickly. With trade wars looming coupled with a more dovish central bank, gold is what Jones is eyeing within the next two years. “[Gold] has everything going for it,” said Jones.

  • ETF Trends2 days ago

    This Commodity is Not the Apple of China’s Eye Right Now

    Apple prices in China are up almost 30%, detracting from its consumption for the commodity, according to the latest data from grocery delivery platform Dada-JD Daojia. This latest development could put ...

  • Should Investors Buy Barrick Gold Stock?
    InvestorPlace3 days ago

    Should Investors Buy Barrick Gold Stock?

    Gold bullion is up 3.6% year to date through June 11. Barrick Gold (NYSE:GOLD) stock has risen 0.4% in 2019 including dividends.Source: Jeremy Vohwinkle via Flickr (Modified)InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt seems as though demand for gold is getting stronger, both because we're heading into an election cycle with a president who's very unpredictable and because the economic news isn't nearly as strong as it once was, making a July interest rate cut a possibility. "The economy is not tremendously strong, but it's also not that bad," said Chantelle Schieven, head of research at Murenbeeld & Co. "I just feel that a rate cut in July would send the wrong message." * 7 High-Quality Cheap Stocks to Buy With $10 Last week, the weak employment numbers enabled gold bullion to have its best five-day period in a long time. Furthermore, President Trump's unpredictability has businesses confused about their best course of action. "Right now companies can't make any decisions because they don't know what the government is going to do next," Schieven said. "We are not forecasting a recession, but this indecision will send the U.S. economy into a stall."So, let's assume that gold is the smart way to hedge against further difficulties in both the political and economic arenas; should an investor buy gold bullion or a proxy such as the SPDR Gold Trust (NYSEARCA:GLD) ETF or should he or she purchase the stock of a top-notch gold producer such as GOLD stock?Personally, I've never been a fan of gold, so I've got no dog in this hunt. Nonetheless, here's my two cents on the issue. Gold BullionThe great thing about gold bullion is that it's a tangible asset. It enables investors to own something they can hold. But that's not the reason most people buy gold. Most investors who buy gold or a gold equity like GOLD stock are doing so because they think that if all heck breaks loose, gold is one of the few assets that will hold its value.My fellow InvestorPlace columnist, Josh Enomoto, recently recommended seven stocks to buy for the coming recession. Interestingly, although Josh suggested Barrick, he doesn't own GOLD stock. He does, however, own gold bullion. "The spot price for the monetary commodity spiked in late May, to no real surprise. The only shocking thing is that it took so long," Josh wrote in a column published on June 11. "We're mired in a deeply contentious political environment, both here and abroad. Furthermore, the dollar has weakened against a basket of international currencies, setting the stage for a stunning recovery."At this point in the economic cycle, I find it hard to believe that the price of gold is going to fall back below $1,000, where it traded before the recession. Investors are looking for places to hide their money. Gold bullion seems like as good an option as bonds at this point. GOLD StockAssuming that the price of gold is going to keep moving higher, the outlook of Barrick Gold stock should continue to improve. Over the past decade, Barrick's most successful years were 2010 and 2011. Not coincidentally, that was when the price of the yellow metal hit its highest level since 1980. In 2010 and 2011, Barrick had operating margins of 46% and 51%, respectively, on annual revenue well above $10 billion; it hasn't come close to that level of profitability since then. Not surprisingly, GOLD stock price hasn't come close in recent years to its 2011 high around $51. The Bottom Line on GOLD StockIf gold does well over the next 12-24 months, Barrick could benefit from the metal's run.However, history shows that GOLD stock price doesn't always move in tandem with gold prices. For example, between 2007 and 2011, the price of gold surged around 125%, but GOLD stock price only rose about 25%.For this reason, if you think gold is going to go on a run, but don't want to own the physical asset, you might be better served by buying an ETF that holds a basket of gold producers, not just Barrick Gold stock.A rising tide lifts all boats. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post Should Investors Buy Barrick Gold Stock? appeared first on InvestorPlace.

  • A Perfect Storm for Gold: All Macro Drivers Align
    Market Realist4 days ago

    A Perfect Storm for Gold: All Macro Drivers Align

    A Perfect Storm for Gold: All Macro Drivers Align(Continued from Prior Part)Fed rate cutsFed policymakers are set to meet on June 18 and 19. Whereas the market has not priced in a rate cut in June, at least two rate cuts are expected by the end

  • Gold Close to Touching Six-Year High? Leveraged ETFs to Play
    Zacks5 days ago

    Gold Close to Touching Six-Year High? Leveraged ETFs to Play

    How to benefit out of likely uptrend in gold prices with ETFs.

  • ETFs to Win Despite Shockingly Soft May Jobs Data
    Zacks6 days ago

    ETFs to Win Despite Shockingly Soft May Jobs Data

    May jobs data came in extremely downbeat in the United States. This should help the Fed remain dovish in the coming days and boost these ETFs.

  • Gold Completes 6-Year Basing Pattern
    Investopedia6 days ago

    Gold Completes 6-Year Basing Pattern

    Gold has completed a six-year basing pattern above $1,300 and could break out, entering the first major uptrend since 2011.

  • ETF Trends6 days ago

    More Upside Expected For Gold ETFs

    While stocks rebounded last week, gold and the related exchange traded funds continued soaring with the SPDR Gold Shares (GLD)  and  SPDR Gold MiniShares (GLDM) gaining more than 3% apiece. GLD, the world's largest gold ETF, is up nearly 4% since the start of June. Against the current backdrop of the U.S. trade war with China, the fear and uncertainty that accompany the rampant volatility, and the worst May selloff for stocks in 50 years now, gold prices will continue to rise this year, according to one financial executive.

  • Druckenmiller Suggests These Two Trades to Hedge against Meltdown
    Market Realist9 days ago

    Druckenmiller Suggests These Two Trades to Hedge against Meltdown

    Why Stanley Druckenmiller Is Concerned about US Economy(Continued from Prior Part)Future direction of financial marketsAs far as the future direction of the financial markets is concerned, billionaire investor Stanley Druckenmiller is not so sure.

  • Options Traders React to Red-Hot Gold ETF
    Schaeffer's Investment Research9 days ago

    Options Traders React to Red-Hot Gold ETF

    GLD options are seeing heavy trading today

  • Weaker Jobs Reports Raises Odds of Fed Rate Cuts, Gold Rises
    Market Realist9 days ago

    Weaker Jobs Reports Raises Odds of Fed Rate Cuts, Gold Rises

    Why Disappointing US Jobs Report Lit Up a Fire Under Stocks?(Continued from Prior Part)Gold catches a bidGold has caught a bid in the last few days after being lukewarm for most of this year. Weaker US economic reports and escalating trade tensions

  • Gold's gains are built on a shaky foundation
    MarketWatch9 days ago

    Gold's gains are built on a shaky foundation

    Gold’s rally is built on a shaky sentiment foundation. To be sure, the rally in gold (GC00) has certainly been impressive. The reason to nevertheless question the rally’s staying power is the absence of widespread bearishness when the move began.

  • Barrons.com9 days ago

    Gold Looks Headed Toward a New High

    Gold has moved higher for the year, after stalling just below the $1,300-an-ounce mark for weeks. “Gold does well in a period of dollar weakness, inflation, and economic uncertainty,” says Peter Schiff, chief global strategist for Euro Pacific Capital, a division of Alliance Global Partners. Gold prices were held back by expectations that the Federal Reserve’s monetary tightening cycle would continue for years, argues Schiff.

  • MarketWatch9 days ago

    China has 'tremendous' room to adjust monetary policy if trade war deepens, PBOC head says: report

    China has "tremendous" room to adjust monetary policy if the trade war with the U.S. deepens, People's Bank of China Governor Yi Gang said Friday, in an interview with Bloomberg. "We have plenty of room in interest rates, we have plenty of room in required reserve ratio rate, and also for the fiscal, monetary policy tool kit, I think the room for adjustment is tremendous," Yi said, according to the news outlet. He said he expected a "productive talk, as always," when he meets with Treasury Secretary Steven Mnuchin on the sidelines of the G-20 finance ministers meeting, but that the risk of a trade war remains "uncertain and difficult." The more actively traded offshore yuan fell about 2.5% in May before some stabilization in recent sessions amid indications officials would help to stem a rapid selloff. The yuan dropped to more than 6.96 per dollar at one point Friday, the weakest intraday level since November.

  • ETF Trends10 days ago

    Options Traders Target Gold ETFs

    Amid increased market turmoil caused by the U.S. forging ahead with trade tariffs on several major trading partners, gold and the related exchange traded funds are getting a lift, prompting some options traders to target bullion-backed ETFs such as the SPDR Gold Shares (GLD)  and  SPDR Gold MiniShares (GLDM) . GLD, the world’s largest gold ETF, surged 2.43% in May as bullion topped $1,300 per ounce late in the month. Against the current backdrop of the U.S. trade war with China, the fear and uncertainty that accompany the rampant volatility, and the worst May selloff for stocks in 50 years now, gold prices will continue to rise this year, according to one financial executive.

  • ETFs Set to Soar on Rate Cuts Signal
    Zacks10 days ago

    ETFs Set to Soar on Rate Cuts Signal

    Some ETFs are expected to soar higher if the Fed cuts rate anytime soon.

  • The Zacks Analyst Blog Highlights: GLD, BTAL, REZ, EWZ and OUSA
    Zacks10 days ago

    The Zacks Analyst Blog Highlights: GLD, BTAL, REZ, EWZ and OUSA

    The Zacks Analyst Blog Highlights: GLD, BTAL, REZ, EWZ and OUSA

  • ETF Strategies to Win If Powell Enacts Rate Cuts
    Zacks10 days ago

    ETF Strategies to Win If Powell Enacts Rate Cuts

    Chances of a rate cut by Fed chair Powell went higher. If this happens, the following investing strategies would be of investors' help.

  • ETF Trends11 days ago

    Backing Bullion: Investors Embrace Gold ETFs Again

    The SPDR Gold Shares (GLD) rallied in May as bullion topped $1,300 per ounce late in the month and data suggest investors are putting money to work with gold exchange traded funds. Gold has long been used as a safe haven asset, particularly when the value of the dollar declines or investors fear market volatility and uncertainty, like in the case of a tariff war. Furthermore, it provides a hedge for inflation since its price typically rises in conjunction with consumer prices.

  • Investing.com11 days ago

    Gold in 6-Day Winning Streak as Macro Funds Move out of Oil

    Spot gold, reflective of trades in bullion, traded at $1,329.65 per ounce by 3:30 PM ET (19:30 GMT), up $4.25, or 0.3%, on the day. It earlier scaled a three-month high at $1,344.08.

  • 6 ETFs for June
    Zacks11 days ago

    6 ETFs for June

    After a tumultuous May, Wall Street had a shaky start to June. Trade tensions, worries about global growth slowdown and pain in the tech space roiled the market.

  • Market Exclusive11 days ago

    Market Morning: Cook v Warren, Bernie v Walmart, Gold Shines, Central Banks Ease, Tariffs Terrify

    Tim Cook Says Warren Wrong, Don’t Break Up My Company “We are not a monopoly,” insists Tim Cook, Apple (NASDAQ:AAPL) CEO, and also he strongly disagrees with Senator and Presidential Candidate Elizabeth Warren, who wants to break up Apple, using the government’s monopoly on force, because she believes Apple is a monopoly. He has a […]The post Market Morning: Cook v Warren, Bernie v Walmart, Gold Shines, Central Banks Ease, Tariffs Terrify appeared first on Market Exclusive.

  • Morningstar12 days ago

    NEW: The Long View Podcast

    The Long View is a podcast from Morningstar. Each week, hosts Christine Benz and Jeff Ptak conduct an in-depth discussion with a thought leader from the world of investing or personal finance. The podcast is produced by George Castady and Scott Halver.