GLD : Summary for spdr Gold Trust - Yahoo Finance
ETFs.) Average Volume: 13.18 million Net Assets:. These funds are managed by gold experts, so you stand a better chance of making money than you would on your own. Originally listed on the New York Stock Exchange in November of 2004, and traded on nyse Arca since December 13, 2007, spdr Gold Shares is the largest physically backed gold exchange traded fund (ETF) in the world. For more information, please click on the appropriate country flag above.
GLD 122.82 -0.41 -0.33 : spdr Gold Trust - Yahoo Finance
This number actually goes down as time passes because expenses have to be figured into the cost of a share. As of July 31, 2015, the trust had 21,628,064 ounces of vaulted gold in its custody, representing an asset value of 23,747,009,589. 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.
GLD Stock" - Streettracks Gold Shares Price - Nasdaq
The fund incurs expenses for transportation, warehousing and insuring gold. IAU this is another fund that buys physical gold.
GLD Fund - spdr Gold Shares Overview - MarketWatch
5 Competitors edit spdr Gold Shares competes with iShares Gold Trust ( nyse Arca : IAU ). In addition, the fund's managers must constantly fight contango, which is a situation where the futures contract is higher than the future spot price of gold. Previous Close 122.82, open 122.84, bid 123.09 x 1000, ask 123.50 x 1000, day's Range 122.47 - 123.34 52 Week Range 114.80 - 129.51. IShares Gold Trust (.
GLD: 123.31.10 (0.0812) Stock" and News
The possibility of such exchanges keeps the ETF price roughly in line with the gold price, although the prices can diverge during each day. Address, state Street Bank and Trust Company. The primary difference between sgol and other funds that hold physical gold in storage is that sgol stores its gold exclusively in Swiss vaults.
Spdr Gold Shares (GLD)
All figures are current as of April 18, 2018. For more information, please click on the USA flag above. Use My Current Location (Scroll for more options share Your Chart. The economic forces that determine the price of gold are different from the economic forces that determine the price of many other asset classes such as equities, bonds or real estate. 4, this ETF denotes a share of gold bullion, which is unlike many ETFs which represent ownership in a basket of stocks.