Intrinsic Value of S&P & Nasdaq Contact Us

SPDR Gold Shares GLD

NYSE

SharesGrow Intrinsic Value
N/A
Negative cash flow

SPDR Gold Shares (GLD) current share price is $445.08. The gold spot price is $4,808.10 per troy ounce. Using the formula: GLD in gold = $445.08 × 31.1035 ÷ $4,808.10 = 2.8792 grams of gold per share.

The Real Wealth Growth Rate measures the Compound Annual Growth Rate (CAGR) of GLD when denominated in gold. A positive rate means the stock has outperformed gold as a store of value, while a negative rate indicates gold has been a better wealth preserver than holding GLD shares over the measured period.

GLD in US Dollars
Gold in US Dollars
GLD in Gold (grams per share)

Real Wealth Growth Rate

GLD
Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold
$$\text{GLD}_{\text{gold}}(t) = \frac{P_{\text{GLD}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$
$P_\text{GLD}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.
Step 2 — Real Wealth Growth Rate (CAGR in gold terms)
$$\text{Real Wealth Growth Rate} = \left(\frac{\text{GLD}_{\text{gold}}^{(T)}}{\text{GLD}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$
$\text{GLD}_\text{gold}^{(0)}$ = initial gold-price, $\text{GLD}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

People Also View

SPY
SPY
SPDR S&P 500 ETF Trust
$694.22
+1.18%
SLV
SLV
iShares Silver Trust
$72.04
+5.51%
XLE
XLE
Energy Select Sector SPDR Fund
$55.93
-2.07%
GDX
GDX
VanEck Gold Miners ETF
$100.75
+1.99%
USO
USO
United States Oil Fund, LP
$123.85
-3.60%
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message