#1 - SPDR Gold Shares (NYSEARCA:GLD)
You don’t need to be a “gold bug” to appreciate the value of having exposure to gold in your portfolio. Many investors choose to buy and store physical gold in the form of bars or coins. But it has its limitations, particularly in terms of liquidity. That’s why it can make sense to invest in the SPDR Gold Shares ETF (NYSEARCA:GLD). This ETF is up 42% in the last five years which is nearly double the increase in the spot price of gold over the same time period. Investors also benefit from a low expense ratio of just 0.40%.
Critics would say that rising interest rates will strengthen the U.S. dollar which historically acts as a headwind for gold prices. However, if investors are looking for an investment that is a proven inflation hedge, having exposure to gold should be part of a sound investment strategy. The smart money seems to agree as institutional buying spiked sharply in the first quarter of 2022.
About SPDR Gold Shares
SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust's expenses. The Trust's business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).
Read More - Current Price
- $218.16
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
