GLDM

SPDR Gold MiniShares Trust

Halal Rating :
Comfortable
Last Price $53.57 Last updated:
Market Cap -
7D Change 1.59%
1 Year Change 33.66%

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Trading
  • Security And Commodity Brokers
  • Dealers
  • Exchanges & Services
Exchange
Next Earnings Date

SPDR Gold MiniShares Trust is an exchange-traded fund (ETF) that seeks to reflect the performance of the price of gold bullion. The trust holds physical gold bars and issues shares that represent fractional, undivided beneficial ownership interests in its net assets. The trust was formed on June 25, 2018, and is sponsored by WGC USA Asset Management Company, LLC.

The trust stores its gold bars in secure vaults and allows investors to gain exposure to gold without having to store and secure physical gold themselves. Each share represents a fractional interest in physical gold held by the trust.

Use of Interest

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