SPDR Gold Shares (GLD) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in New York City, United States.
GLD has IPO date of 2004-11-18, listed on the NYSE, a market capitalization of $163.39B.
SPDR Gold Shares (GLD) is the first US-traded gold ETF and the first US-listed ETF backed by a physical asset, designed to reflect the performance of gold bullion prices less the Trust's expenses. The fund holds physical gold bullion as its underlying asset, providing investors with direct exposure to gold prices. For most investors, GLD offers a cost-effective alternative to purchasing, storing, and insuring physical gold directly, as the expenses associated with trading GLD shares and the Trust's ongoing fees are typically lower than the costs of maintaining a traditional allocated gold bullion account.
