GLDM (GLDM)

The SPDR Gold MiniShares Trust (GLDM) is presented as a cost-effective investment vehicle for those bullish on gold, aligning with Goldman Sachs' forecast of gold reaching $5,400 per ounce by 2026. GLDM tracks spot gold, holds physical gold, and has a low annual fee of 0.1%. Goldman's prediction is based on sustained central bank gold purchases and strong Western ETF inflows, though market volatility and potential slowing of official purchases are noted risks.

This page provides a delayed quote and chart for the State Street SPDR Gold MiniShares Trust (GLDM). It includes current trading information, such as the latest price, 5-day change, and year-to-date change. The page also features navigation to various financial data points like technical analysis, news, and comparison charts for the ETF.

Gold is currently experiencing a seven-week winning streak, nearing $4,300 per ounce due to geopolitical factors, a weaker dollar, and changing Federal Reserve rate expectations. Investors can gain exposure through physically backed spot ETFs like SPDR Gold Shares (GLD) for active traders or SPDR Gold Minishares Trust (GLDM) for long-term investors. Alternatively, gold miner ETFs such as VanEck Gold Miners ETF (GDX) and the actively managed Sprott Active Gold & Silver Miners ETF (GBUG) offer equity-driven upside.

This document is a 10-Q quarterly report for the Spdr Gold Minishares Trust. It provides a formal financial filing, as required by regulatory bodies, detailing the trust's performance and financial position for the quarter.

The planned $5.5-billion acquisition of Canadian gold miner Allied Gold Corp. by China’s Zijin Gold International Co. has been terminated. The deal collapsed because it failed to secure approval from China's foreign investment regulator within the extended timeframe, which Allied's CEO attributes to a broader policy decision by China rather than issues specific to Allied. Despite the failed acquisition, Zijin will still acquire a 9.2% stake in Allied Gold for $417-million.