GLD is the largest physically backed gold ETF, offering investors exposure to the price of gold bullion without the need for physical storage.
Description: Launched in 2004 by State Street Global Advisors, the SPDR Gold Trust (GLD) is one of the most popular and liquid gold ETFs globally. It holds physical gold bars in secure vaults, with each share representing a fractional ownership of gold. GLD provides a convenient way for investors to gain exposure to gold prices, serving as a hedge against inflation, currency devaluation, and market volatility. The trust's expenses include storage and insurance costs, reflected in the expense ratio. GLD trades on the NYSE Arca and is widely used by both retail and institutional investors.
Established / Launched: 2004
Founder / Issuer: State Street Global Advisors
Headquarters: Boston, Massachusetts, United States
