GLDM - SPDR Gold MiniShares

NYSEArca - NYSEArca Delayed Price. Currency in USD
+0.10 (+0.62%)
At close: 4:00PM EDT
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Previous Close16.11
Bid16.09 x 36100
Ask16.42 x 900
Day's Range16.07 - 16.22
52 Week Range12.65 - 16.87
Avg. Volume2,748,979
Net Assets1.4B
PE Ratio (TTM)N/A
YTD Daily Total Return0.12%
Beta (5Y Monthly)N/A
Expense Ratio (net)0.18%
Inception Date2018-06-25

    Gold & Stocks: A Complicated Correlation

    You may be surprised at the recent weakness in gold prices, but you shouldn’t be.

  • ETF Database

    Despite Its Fall, Gold Is Functioning As Intended

    While gold prices plummeted roughly $80 as most asset classes are tanking after coronavirus panic has spiraled out of control, the precious metal may still be working as it is supposed to be according to some experts.

  • Will the Gold ETFs Rally Stay as Coronavirus-Led Inflows Rise?

    Will the Gold ETFs Rally Stay as Coronavirus-Led Inflows Rise?

    In the wake of the rapid spread of coronavirus outside mainland China, market participants are rushing to safe-haven assets like gold.

  • Gold to Hit $2000 Soon? ETFs to Bet On

    Gold to Hit $2000 Soon? ETFs to Bet On

    Analysts are betting big on a gold rally in 2020. Play these ETFs to ride the wave.

  • ETF Trends

    Gold Hits 7-Year High Amid Ongoing Coronavirus Concerns

    Gold prices touched a 7-year high as more coronavirus concerns continue to fuel a safe haven flight to assets like precious metals. “So far ... gold has demonstrated its safe-haven qualities and we stay long the metal,” UBS analysts led by Wayne Gordon said.

  • ETF Trends

    Gold Rally Sparks Big Increases to Price Targets

    For example, the SPDR Gold Shares (GLD)  and the  SPDR Gold MiniShares (GLDM) are closing in on year-to-date gains of 6%. The lustrous metal, which is a traditional safe-haven for investors, is benefiting from the current global uncertainty involving the coronavirus outbreak, which is significantly damaging global economic growth. Gold and ETFs such as GLD and GLDM have ample tailwinds in 2020 after ranking as one of last year's best-performing commodities.

  • How to Play Gold Rally With ETFs

    How to Play Gold Rally With ETFs

    Given the optimism and intense buying pressure on gold, investors have a long list of options to tap the metal's rally.

  • ETF Trends

    A Coronavirus Black Swan Event Could Spark Gold Rally

    In the capital markets, the term “black swan” is not to be taken lightly, unless you're a bullish gold trader--then it's time to get heavy on precious metals. The coronavirus is putting a mixed martial arts-like stranglehold on the markets and if it turns into a black swan event in China or other parts of the world, it could spark a gold rally. “For gold really to move, it would be some kind of exogenous shock, which might push it higher,” Rhona O’Connell, INTL FCStone head of market analysis for EMEA and Asia Regions, told Kitco News.

  • ETF Database

    Traders Scouting Protection With High-Flying GLD ETF

    Due to the coronavirus epidemic, gold ETFs, such as the SPDR Gold Shares (GLD A-) and the SPDR Gold MiniShares (GLDM), are rallying on safe-haven buying to start 2020. For its part, GLD, the world’s largest gold-backed ETF, is higher by more than 3%.

  • ETF Trends

    Low-Cost ETFs to Manage Risk, Gain Broad Market Exposure

    As we consider the market trends, investors should anticipate what to look out for in 2020 and look for ways to construct a diversified portfolio with low-cost exchange traded fund strategies to gain efficient ...


    Behind SSgA’s Push Into Low Cost Core ETFs

    State Street's Sue Thompson talks about the firm's build-up of a low-cost core offering, including the redesigned 'SPLG'.

  • ETF Trends

    Traders Seek Protection With High-Flying GLD ETF

    Due to the coronavirus epidemic, gold ETFs, such as the SPDR Gold Shares (GLD)  and the  SPDR Gold MiniShares (GLDM) , are rallying on safe-haven buying to start 2020. In its ongoing contagion, the coronavirus has now shown 31,211 validated cases in China and a minimum of 637 deaths as of Friday morning, although there is a possibility that the rate of infection is slowing said World Health Organization officials on Friday. “In the meantime, options trading has picked up, with puts trading at six times the expected pace today,” reports Schaeffer's Investment Research.

  • ETF Trends

    Gold Prices Remain Muted as Investors Eye Fed, Coronavirus

    Gold prices have been relatively muted as investors are reading into Federal Reserve Chairman Jerome Powell’s neutral tone on the economy and the remaining wild card in the markets known as the coronavirus. Gold prices are slowly facing downward pressure as a risk-on sentiment creeps back into the markets following lesser cases of the coronavirus occurring. Tuesday is the first day of Powell’s testimony before Congress.

  • ETF Trends

    ETFs Have Been Piling Up On Gold Past Two Weeks

    As the coronavirus outbreak continues to be the wild card in the markets, the safe haven of precious metals is in high demand, especially for exchange-traded funds (ETFs) that are backed by gold. ETFs have been stockpiling gold as more coronavirus news continues to invade the financial markets. The ETFs trade like a stock but track the price of gold, with the commodity put into storage to back the shares.

  • ETF Trends

    Gold Prices Edge Higher as China Struggles Amid Coronavirus Outbreak

    While the U.S. markets seem to push the coronavirus outbreak from the forefront of their worries, China continues to struggle with its effects as more cases of the virus surface and claim more lives. This is pushing precious metal prices like gold steadily higher. Asian and European shares were higher overnight as traders and investors at least for now have pushed aside the coronavirus outbreak in China.

  • Thank ETF investors for higher gold prices

    Thank ETF investors for higher gold prices

    Investors in exchange-traded funds reacted to a higher price for the precious metal, and helped push it even higher, a trend one analyst expects to continue.

  • Beyond Coronavirus, What's Driving Gold ETFs?

    Beyond Coronavirus, What's Driving Gold ETFs?

    Gold ETFs had a nice spell this year as coronavirus fears triggered a safe-haven rally. Several other factors have also been favoring the metal.

  • ETF Trends

    Going Is Getting Good For Gold ETFs

    Gold ETFs, such as the SPDR Gold Shares (GLD)  and the  SPDR Gold MiniShares (GLDM) , were among last year's best-performing commodities funds, a theme that is extending into this year. New data from the World Gold Council (WGC) highlight some of the catalysts behind gold's stellar 2019 and why the yellow metal, GLD, GLDM and related products can continue delivering for investors this year.

  • 5 Gold ETFs Riding the Safe Haven Rally

    5 Gold ETFs Riding the Safe Haven Rally

    We highlight a handful of ETFs that can benefit from the rising gold prices owing to buoyant demand for safe-haven investments.

  • ETF Trends

    Central Bank Policies Should Continue to Support Gold Prices

    The Federal Reserve decided to keep rates unchanged on Wednesday and this could be gold’s main driver going forward if the data-dependent central bank deems the economy healthy enough. This could support gold prices even if the market experiences a lull in precious metal purchases after the coronavirus craze eventually fades. Amid the outbreak, it was risk-off for investors as they piled into safe havens like bonds and gold.

  • ETF Trends

    Another Big Year Is in the Works For Gold ETFs

    Gold exchange traded products, including bellwethers such as the SPDR Gold Shares (NYSEArca: GLD) and the SPDR Gold MiniShares (GLDM) , were among last year’s best-performing commodities funds and that bullishness could extend to 2020. GLD, the world's largest gold ETF, is higher by 3.33% to start the new year and some market observers believe there's more upside looming for the yellow metal as investors look for safer assets amid the coronavirus epidemic and concerns about the potential for more geopolitical tensions. “Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated,  metals and mining research and consultancy group Wood Mackenzie said Tuesday,” reports

  • ETF Trends

    Coronavirus Outbreak Allows Gold Prices to Break Out

    Thanks to as much as a 500-point drop in the Dow Jones Industrial Average in Monday’s trading session, it was risk-off for investors as they piled into safe havens like bonds and gold. Gold was on a path of bearishness after a U.S.-China “phase one” trade deal put the risk back into the markets. “After almost three weeks of consolidation, gold has now pushed higher on risk-aversion as the Coronavirus position worsens and the markets move away from risk,” said Rhona O’Connell, head of market analysis for EMEA & Asia at INTL FCStone, in a daily note.

  • ETF Trends

    Could A More Significant Volatility Breakout Be Underway?

    In a market that has been steadily climbing despite impeachment proceedings against President Trump, a roller-coaster ride due to tariffs and a trade war with China, and generalized global uncertainty, volatility has become relatively complacent. The VIX or CBOE Volatility Index, which is commonly referred to as the "fear gauage", and is used by many traders and analysts as a measure of how carefree investors are, has been moving toward 12, and bouncing back up, causing periodic disruptions to stocks in this long running bull market since November. Since last week the VIX has bounced 32%, corresponding to a drop in stocks, as investors express concern over the Chinese coronavirus, which shows new cases daily.

  • ETF Trends

    Coronavirus Concerns Tamp Down Gains for Gold

    Bond prices went higher, inversely causing yields to fall, but the safe-haven scramble couldn’t make its way to gains for gold as concerns regarding the coronavirus in China made its way into the capital markets. The gold market reacted negatively as China is a major purchaser of the precious metal. “This unfavourable development could not come at a more critical time with many people expected to travel within China before the Lunar New Year,” wrote Lukman Otunuga, senior research analyst at FXTM, in a daily research note.

  • Gold to Cross the $2000 Mark? ETFs to Gain

    Gold to Cross the $2000 Mark? ETFs to Gain

    We highlight some gold ETFs that might gain if gold crosses the $2000-an-ounce milestone.