SPDR Gold Shares

SPDR Gold Shares is an exchange-traded fund (ETF) that aims to reflect the performance of the price of gold bullion, excluding the expenses of the operations of the Trust. Launched in 2004, it is one of the first products to make gold more accessible as an investment asset to a wider audience. The primary function of SPDR Gold Shares is to provide investors with a convenient and cost-effective way to invest in physical gold without the need to hold, store, or manage the metal directly. By doing so, it enables portfolio diversification and risk management amid economic volatility or inflationary periods. Widely recognized in the financial markets, SPDR Gold Shares allows investors to gain exposure to gold prices while trading on major exchanges like individual equities. Its holdings in physical bullion are stored in secure vaults, predominantly in London, ensuring that each share represents a fractional ownership in actual gold reserves.