Streetbeat News

GLD

SPDR Gold Shares

https://www.spdrgoldshares.com/usa/

Industry

Asset Management

The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

The escalating tensions between Russia and Ukraine have led investors to seek safe-haven assets, increasing interest in safe ETFs.

Portfolio Pulse from

November 20, 2024 | 4:15 pm

Investors' interest in gold is increasing as the SPDR Gold Shares ETF (GLD) marks its 20th anniversary.

Portfolio Pulse from

November 20, 2024 | 4:15 pm

The article celebrates the 20th anniversary of the GLD ETF, highlighting its revolutionary impact on the investment landscape. GLD has provided investors with a convenient way to invest in gold, influencing the growth of ETFs and changing how investors access commodities.

Portfolio Pulse from

November 19, 2024 | 7:15 pm

The article highlights the 20th anniversary of the SPDR Gold Shares ETF (GLD), which was launched on November 18, 2004. It emphasizes GLD's significance in the U.S. ETF industry as a pioneering product.

Portfolio Pulse from

November 14, 2024 | 2:45 pm

The Federal Reserve has cut interest rates for the second time this year, which is expected to benefit certain ETFs. These ETFs are likely to gain due to their sector exposure, which is set to perform well in a lower interest rate environment.

Portfolio Pulse from

November 08, 2024 | 4:30 pm

The 2024 U.S. election resulted in a Trump victory, impacting gold prices with potential volatility but maintaining a long-term bullish trend. Falling short-term rates and rising long-term rates create a mixed picture for gold, while the diminishing role of the U.S. dollar supports higher gold prices.

Portfolio Pulse from

November 07, 2024 | 9:15 pm

The article discusses the potential benefits of investing in gold as a diversification strategy following the U.S. election. It suggests that savvy investors might consider gold to reduce exposure to stock market volatility.

Portfolio Pulse from

November 06, 2024 | 7:45 pm

Gold prices are rising in 2024 due to record demand, with expectations of new highs this year and in 2025. The World Gold Council reports a 5% increase in Q3 demand, contributing to higher prices.

Portfolio Pulse from

November 06, 2024 | 12:15 pm

The U.S. stock market faced volatility due to election uncertainties and mixed tech earnings, with the VIX surging 34%. Alphabet and Amazon outperformed, while the Roundhill Magnificent Seven ETF fell. Charter Communications and Booking Holdings saw gains, but AMD and Eli Lilly declined. The labor market slowed, influencing expectations for Federal Reserve rate cuts. The SPDR Gold Trust saw significant inflows, and Ford paused F-150 Lightning production in response to Tesla's Cybertruck sales.

Portfolio Pulse from Piero Cingari

November 01, 2024 | 8:50 pm

U.S. stocks rebounded after a hiring slump in October increased expectations for Federal Reserve interest rate cuts. The SPDR S&P 500 ETF Trust (SPY), Invesco QQQ Trust (QQQ), iShares Russell 2000 ETF (IWM), and other ETFs saw gains. Amazon's earnings boosted the Consumer Discretionary Select Sector SPDR Fund (XLY).

Portfolio Pulse from Piero Cingari

November 01, 2024 | 2:17 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.