Is it finally time for Gold to Send?
Gold is ready to go!
This is the third attempt above the prev Q highs for the GLD.
Key stats
About SPDR Gold Shares
Home page
Inception date
Nov 18, 2004
Structure
Grantor Trust
Replication method
Physical
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
ISIN
US78463V1070
GLD is the first to market to invest directly in physical gold. The product structure reduced the difficulties of buying, storing and insuring physical gold bullion for investors. Actively traded, the shares provide deep liquidity. NAV for the fund is determined using the LBMA PM Gold Price (formerly the London PM Gold Fix), so GLD has an extremely close relationship with spot prices. Its structure as a grantor trust protects investors, trustees cannot lend the gold bars. However, taxes on long-term gains can be steep, as GLD is deemed a collectible by the IRS. Also, GLD's NAV has a larger handle, which corresponds to more gold exposure per share. As such, those impacted by per-share trading costs may prefer GLD over similar funds.
Related funds
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
GLD / Gold my pause of llr reverse from this level GLD has completed the reverse Head and shoulder breakout target. Expecting to pause for few weeks or get a significant pull back.
Gold - Support expected at 167-163 zoneGold 4 year chart. Support expected at 167-163 zone. If it. Gets broken, next support is much lower.
Gold in USD terms- likely to find support in a few weeksGold is moving towards a multi year trend line. Expecting it to take support on it. RSI is also in oversold zone and we can see reversal from these levels. See previous such occurrences marked.
Gold on decade BO monthly chart Gold can see 225 against 168 today.
Cup and handle formation in the making
Obviouslyitsmonthly chart so the target is also in coming years.
Analise GLD 21/04/2020GLD , atingiu objetivo da perna D, aguarda confirmação para buscar o nível 161.80 do fibonacci.
Gold (GLD) can fall only by 2%. Strong bull trend- medium term.Gold ETF can be used to see the trend of Gold. The way jump from sub 140 level to significantly higher than 140 at 143 has taken place in early August, we have signs of the overall sentiment as strongly bullish. With RSI hovering around 60 in past 2 months, it is evident a strong uptrend is present.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GLD assets under management is 120.53 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GLD expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GLD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, GLD doesn't pay dividends to its holders.
GLD shares are issued by State Street Corp.
GLD follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 18, 2004.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.