Gold Shares SPDR

Gold Shares SPDR

SPDR Gold Shares (ticker GLD) is a large, liquid exchange-traded fund that aims to reflect the price of gold bullion. It holds allocated physical gold stored in secure vaults and offers investors an efficient way to gain exposure to the gold price without owning metal directly. With a market capitalisation around $51.72 billion, GLD is commonly used for portfolio diversification, inflation hedging and as a store of value during market stress. The fund does not pay dividends; returns depend on changes in the gold price less management fees and operating costs. Investors should be aware of price volatility, potential tracking differences and jurisdictional tax rules that can differ from equities. GLD may suit investors seeking straightforward commodity exposure within brokerage accounts, but it is not appropriate for those seeking income. This summary is educational only and not personalised investment advice — consider your objectives and risk tolerance and seek professional guidance if needed.

Why It's Moving

Gold Shares SPDR

Gold ETFs like GLD poised for momentum as analysts eye $4,000-$5,000 rallies in 2026.

Gold fundamentals remain robust amid expectations of aggressive Fed rate cuts early next year, boosting the appeal of ETFs tracking the metal. Central banks' plans to ramp up reserves signal sustained demand, positioning GLD as a liquid frontrunner with $149 billion in assets.

Sentiment:
🐃Bullish
  • Central banks show strong commitment, with 95% planning to increase gold reserves in 2026 per World Gold Council data.
  • Fed's signaled easing, potentially including three quarter-point cuts by mid-2026 amid weak labor markets and inflation uncertainty, favors gold's upside.
  • GLD leads with top liquidity at 10.4 million shares monthly volume and lowest long-term fees among peers like GLDM at 0.10%.

Stock Performance Snapshot

Above Average

Financial Health

Gold Shares SPDR shows solid value and performance, benefiting from strong market demand for gold.

None

Dividend

Gold Shares SPDR does not pay a dividend, which may be due to reinvesting profits for growth. If you invested $1000, you would receive $0 a year in dividends.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring GLD

Stagflation Standouts

Stagflation Standouts

This collection features stocks and assets carefully selected by professional analysts to potentially outperform during stagflation periods. These defensive investments have already shown strength while the broader market struggles, making them worth consideration for economic uncertainty ahead.

Published: May 19, 2025

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Why You’ll Want to Watch This Stock

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Direct gold exposure

Offers a simple route to follow the gold price through allocated bullion; useful for diversification, though prices can be volatile.

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Diversification for portfolios

Often used to hedge inflation or market risk; potential benefits depend on timing and may not protect against all losses.

Liquidity and costs

Highly traded with a relatively low expense ratio, but management fees and tracking differences can affect net returns.

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6% Interest on Cash

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Frequently asked questions