SPDR Gold Shares (GLD)
Ticker GLD · US exchange
SPDR Gold Shares (GLD) is a US-listed fund that holds physical gold. The value of a share follows the gold price, less the trust's fee. According to the annual report, the fee is 0.40% a year.
Alysly Data Analysis: GLD
GLD by the Numbers
In our price series since September 16, 2024, the price fell as much as 26.4% below its previous high, with annualized volatility of 23.9%.
Data and Charts: GLD
About GLD
Launched in 2004, GLD was one of the first exchange-traded funds to hold physical gold, and it is still the largest of its kind. Legally it is a trust, not an investment company under the Investment Company Act, so different rules apply than to the stock ETFs in this selection.
The trust holds only gold bars meeting the London Bullion Market Association standard, stored with a custodian in London. A list of the bars with serial number, refiner and fineness is published regularly. The value of a share follows from the gold per share, valued at the London reference price.
Costs cannot be paid from income, because gold produces none. Instead the trust sells small amounts of gold on an ongoing basis to cover its annual fee. The gold behind each share therefore declines slowly, year by year by the size of the fee. Over long periods the share price lags the gold price slightly for that reason.
New shares are created when large market participants deliver gold, and they disappear when those participants redeem shares for gold. Because the trust holds no securities, it files no N-PORT report but annual and quarterly reports like a company. The gold price itself, with its futures history, is on the gold page.
GLD Price History
The chart shows daily closing prices and is set to the current year by default. The price is down 5.8% year to date and up 2.5% over twelve months. The last recorded close on October 28, 2026, was at 8% of the 52-week range.
Price series from our database since Sep 16, 2024, 532 daily values.
GLD Performance
| Trailing (1Y) | +2.5% | Year to date | -5.8% |
|---|---|---|---|
| Calendar year 2025 | +63.7% |
Measured in euros, GLD is down 0.5% year to date and up 7.1% over twelve months. The difference from the dollar figures above comes from the exchange rate alone: each daily price is converted at the ECB euro reference rate for the same day.
Fundamental Analysis: GLD
Availability in the EU
Retail investors in the EU usually cannot buy this fund. Banks and brokers may only offer it with a key information document under the PRIIPs regulation, and US ETFs rarely have one.
Gold price and gold futures history