GLD
SPDR GOLD TR
CUSIP: 78463V107
About
SPDR Gold Shares (GLD) is designed to track the price performance of gold bullion, providing investors with a cost-effective and secure way to gain exposure to the precious metal. The trust holds physical gold bars in a vault on behalf of investors, offering an alternative to investing directly in physical gold or mining stocks. This ETF serves as a portfolio diversification tool and a potential hedge against inflation and market volatility.