The
Gold SPDR is an exchange-traded fund (ETF) that tracks the price of
gold. The ETF is officially named the SPDR Gold Trust and is listed on
the New York Stock Exchange (NYSE) under the ticker symbol GLD. Th
fund was created to provide investors with an easy way to invest in
gold without having to buy and store physical gold. The value of the
fund is based on the price of gold and is designed to reflect the
performance of the price of gold bullion, less the expenses of the
fund's operations
Market Cap: As of March 17, 2023, the market
cap for GLD (Gold SPDR) was approximately $47.5 billion USD.
Expense Ratio: The expense ratio for GLD is 0.40%, which means that
for every $10,000 invested in the ETF, the investor will pay $40
annually in management fees..
The
Gold SPDR is an exchange-traded fund (ETF) that tracks the price of
gold. The ETF is officially named the SPDR Gold Trust and is listed on
the New York Stock Exchange (NYSE) under the ticker symbol GLD. Th
fund was created to provide investors with an easy way to invest in
gold without having to buy and store physical gold. The value of the
fund is based on the price of gold and is designed to reflect the
performance of the price of gold bullion, less the expenses of the
fund's operations