GLD – SPDR Gold Shares

About GLD

GLD (SPDR Gold Shares) is a physically backed gold ETF from State Street SPDR. It is not leveraged: it aims to follow its benchmark one-for-one. Its expense ratio is 0.4% a year, according to both the issuer and Yahoo Finance's fund profile.

What it tracks

GLD holds gold bullion in vaults and its value follows the LBMA Gold Price, less the trust's expenses. The gold behind each share slowly shrinks as those expenses are paid by selling small amounts of metal.

What to keep in mind

GLD moves with the gold price in US dollars, not with gold miners or the stock market. For gold per gram in UAE dirhams and other Gulf currencies, see our gold price page.

Bullion, futures and miners

Commodity ETFs reach their market in different ways. Bullion funds such as GLD, IAU and SLV hold the physical metal in vaults, so their value follows the metal price less expenses. Futures funds such as USO hold contracts that must be rolled before they expire, which can make returns drift from the spot price. Miners' funds such as GDX hold company shares, which add company and stock-market risk on top of the metal price.

On this page

The GLD price above comes from the US regular trading session via Yahoo Finance and may be delayed; it updates automatically while this page is open. The chart switches between 1 day, 1 week, 1 month and 1 year, and the 1-week, 1-month and 1-year returns are price returns adjusted for share splits, not including distributions. The table below compares GLD with the other funds in the same category, and you can set a free price alert to be notified when GLD crosses a level you choose.

Other ETFs on this site built on the Gold bullion (LBMA Gold Price): IAU (1×, expense ratio 0.25%). See all ETF categories or today's ETF heat map.