GLDM

SPDR Gold MiniShares Trust

Halal Rating :
Comfortable
Last Price $51.97 Last updated:
Market Cap -
7D Change -0.93%
1 Year Change 28.16%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

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

SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund (ETF) designed to track the performance of the price of gold bullion. The trust holds physical gold bars in secure vaults and issues shares that represent fractional, undivided beneficial ownership interests in the trust's net assets. Each share represents approximately 1/100th of an ounce of gold.

The trust's primary objective is to provide investors with a cost-efficient way to invest in physical gold while offering smaller share prices compared to some other gold ETFs. The trust's gold holdings are held in custody by HSBC Bank plc in London.

Use of Interest

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Company Impact

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