GLD

The State Street Global Advisors SPDR Gold Shares ETF (GLD) is an exchange-traded fund (ETF) that tracks the performance of the LBMA Gold Price. The fund is managed by State Street Global Advisors and was launched in 2004.

The LBMA Gold Price is the global benchmark price for physical gold, published twice daily by the London Bullion Market Association in U.S. dollars per troy ounce. It is determined via an electronic auction and serves as the reference price for gold contracts, derivatives, and ETF valuations worldwide.

GLD is a passively managed index ETF that seeks to replicate the holdings and performance of its benchmark with low tracking error. It is suitable for investors seeking broad, low-cost market exposure.

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