{
 "@context": "https://clearank.com/llms.txt",
 "@type": "clearank:AssetAnalysis",
 "url": "https://clearank.com/etf/spdr-gold-minishares-gldm/",
 "dataUrl": "https://clearank.com/etf/spdr-gold-minishares-gldm/data.json",
 "title": "SPDR Gold MiniShares (GLDM) ETF Forecast (2026)",
 "description": "SPDR Gold MiniShares Trust (GLDM) ETF: 0.10% expense ratio. $32.8B net assets. Commodities Focused. Fund facts, AI rating, technicals and 2030 projection.",
 "headline": "SPDR Gold MiniShares Trust (GLDM)",
 "published": "2026-07-14T09:58:06+00:00",
 "modified": "2026-09-16T04:11:27.555+00:00",
 "generated": "2026-09-16T10:11:02.267Z",
 "language": "en-US",
 "publisher": {
  "name": "CleaRank",
  "url": "https://clearank.com/"
 },
 "disclaimer": "Educational and informational only; not financial advice. AI-generated analysis reviewed by the CleaRank editorial team; prices delayed up to 15 minutes.",
 "asset": {
  "ticker": "GLDM",
  "name": "SPDR Gold MiniShares Trust",
  "type": "ETF",
  "exchange": "NYSE",
  "currency": "USD",
  "sector": null,
  "industry": null,
  "country": "United States",
  "website": null
 },
 "quote": {
  "price": 85,
  "previousClose": 84.73,
  "change": 0.27,
  "changePercent": 0.32,
  "open": 84.79,
  "high": 85.27,
  "low": 84.53,
  "volume": 2872800,
  "averageVolume": 5187130,
  "marketCap": 0,
  "fiftyTwoWeekHigh": 109.74,
  "fiftyTwoWeekLow": 69.98,
  "marketOpen": false,
  "asOf": "2026-09-16T04:11:27.000Z"
 },
 "statistics": {
  "pe": null,
  "eps": null,
  "dividendYield": null,
  "beta": null,
  "priceToSales": null,
  "priceToBook": null,
  "revenueTtm": 0,
  "grossMargin": null,
  "returnOnEquity": null
 },
 "technicals": {
  "rsi": 27.64,
  "macd": -0.03,
  "sma50": 84.49,
  "sma200": 89.65,
  "rsiSignal": "Oversold",
  "trend": "Bearish",
  "pricePosition": "Bullish",
  "macdSignal": "Neutral",
  "rating": "Bearish"
 },
 "analysis": {
  "rating": "Buy",
  "score": 70,
  "consensus": "Buy",
  "fairValue": null,
  "analystTarget": 91.8,
  "analystCount": null,
  "wallStreetConsensus": "",
  "generatedAt": "2026-09-16T04:11:27.000Z",
  "priceAtAnalysis": 85,
  "volatility": {
   "daily": 1.73,
   "risk": "etf"
  }
 },
 "tradePlan": {
  "bias": "Bullish",
  "conservativeEntry": 83.3,
  "aggressiveEntry": 85,
  "stopLoss": 80.55,
  "stopLossPercent": 3.3,
  "targets": [
   87.47,
   91.63,
   95.79
  ]
 },
 "projections": {
  "basis": "Monte Carlo simulation on historical return distribution, re-run daily; not price targets",
  "years": [
   {
    "year": 2027,
    "downside10th": 75.76,
    "base": 94.6,
    "upside90th": 118.14
   },
   {
    "year": 2028,
    "downside10th": 76.9,
    "base": 105.29,
    "upside90th": 144.16
   },
   {
    "year": 2029,
    "downside10th": 79.76,
    "base": 117.19,
    "upside90th": 172.18
   },
   {
    "year": 2030,
    "downside10th": 83.64,
    "base": 130.43,
    "upside90th": 203.38
   },
   {
    "year": 2031,
    "downside10th": 88.33,
    "base": 145.16,
    "upside90th": 238.55
   },
   {
    "year": 2032,
    "downside10th": 93.76,
    "base": 161.56,
    "upside90th": 278.39
   },
   {
    "year": 2033,
    "downside10th": 99.9,
    "base": 179.81,
    "upside90th": 323.65
   },
   {
    "year": 2034,
    "downside10th": 106.77,
    "base": 200.13,
    "upside90th": 375.13
   },
   {
    "year": 2035,
    "downside10th": 114.38,
    "base": 222.74,
    "upside90th": 433.74
   },
   {
    "year": 2036,
    "downside10th": 122.8,
    "base": 247.9,
    "upside90th": 500.46
   }
  ]
 },
 "faqCount": 7,
 "sources": [
  "TwelveData",
  "Wall Street consensus"
 ],
 "sections": [
  {
   "id": "price",
   "title": "GLDM Price Analysis"
  },
  {
   "id": "market-metrics",
   "title": "Market Metrics",
   "facts": {
    "Open": "$84.79",
    "Day Range": "$84.53 to $85.27",
    "Prev Close": "$84.73",
    "Volume": "2.87M",
    "52-Week Range": "$69.98 to $109.74"
   }
  },
  {
   "id": "mi-fund-facts",
   "title": "GLDM Fund Facts",
   "text": [
    "SPDR Gold MiniShares Trust is a gold-backed exchange-traded fund designed to provide direct exposure to the price of gold bullion through physically held gold bars. The fund’s shares represent beneficial interests in a trust that primarily holds gold, with cash or receivables used only as needed for operations. SPDR Gold MiniShares Trust is used by investors seeking a simple, exchange-traded way to access precious metals without buying or storing physical bullion.",
    "Fund reference data as of Sep 16, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change."
   ],
   "tables": [
    {
     "caption": "",
     "columns": [
      "Period",
      "GLDM",
      "Category"
     ],
     "rows": [
      {
       "label": "YTD",
       "cells": [
        "5.85%",
        "29.92%"
       ]
      },
      {
       "label": "1 month",
       "cells": [
        "13.31%",
        "3.11%"
       ]
      },
      {
       "label": "3 months",
       "cells": [
        "0.34%",
        "11.90%"
       ]
      },
      {
       "label": "1 year",
       "cells": [
        "32.93%",
        "71.37%"
       ]
      },
      {
       "label": "3 years",
       "cells": [
        "32.80%",
        "17.21%"
       ]
      },
      {
       "label": "5 years",
       "cells": [
        "20.12%",
        "12.75%"
       ]
      },
      {
       "label": "10 years",
       "cells": [
        "N/A",
        "7.26%"
       ]
      }
     ]
    }
   ]
  },
  {
   "id": "analysis",
   "title": "GLDM Analysis",
   "text": [
    "GLDM is currently trading above its 50-day SMA ($84.49) of $84.49 and its 200-day SMA of $89.65, indicating a bearish trend. The 20-day EMA is at $86.70, also above the current price. The Relative Strength Index (RSI) is at 27.64, which is considered oversold. The MACD is slightly negative at -0.033, suggesting bearish momentum. The Stochastic indicator is low at 7.03, reinforcing the oversold condition. The Commodity Channel Index (CCI) is at -108.08, further indicating that the price is significantly below its typical range.",
    "The outlook for GLDM is cautiously optimistic, leaning on its oversold technical indicators and strong long-term performance history. While currently trading below key moving averages, the RSI suggests a potential for a near-term bounce. The gold market's sensitivity to inflation and geopolitical events could provide tailwinds. A sustained move above the 50-day SMA ($84.49) would be a key signal of a trend reversal. Investors should monitor macroeconomic data and central bank communications for shifts in gold's appeal. Over the next 6-12 months, GLDM could see a recovery if inflation concerns persist or if global uncertainty increases, driving demand for gold as a safe-haven asset. Conversely, a significant rise in real interest rates or a strong dollar could pressure gold prices lower, impacting GLDM's performance. The fund's low expense ratio and substantial assets under management provide a stable foundation for tracking gold prices."
   ],
   "lists": {
    "ProTips": [
     "Consider GLDM for tactical allocation during periods of high inflation or market uncertainty.",
     "Monitor gold price action relative to key moving averages (50-day and 200-day SMA) for trend confirmation.",
     "Utilize the oversold RSI reading as a potential entry signal, but await confirmation from price action.",
     "Compare GLDM's performance against other gold ETFs and broader commodity indices."
    ]
   },
   "links": [
    {
     "text": "CCI",
     "url": "https://clearank.com/stock/cci-stock-analysis/"
    }
   ]
  },
  {
   "id": "correlations",
   "title": "Market Correlations",
   "text": [
    "How this etf moves relative to other assets",
    "Based on 1 year of daily price data. Correlations may vary over different time periods."
   ],
   "facts": {
    "Correlation with S&P 500 (SPY)": "+0.17",
    "Correlation with Nasdaq 100 (QQQ)": "+0.19",
    "Correlation with Bitcoin (BTC)": "+0.13",
    "Correlation with Gold (XAU)": "+0.98"
   }
  },
  {
   "id": "key-statistics",
   "title": "Key Statistics",
   "text": [
    "As a gold-backed ETF, GLDM's fundamental analysis centers on the gold market itself. The fund holds physical gold bullion, with its value directly tied to the price of gold. The sector is influenced by macroeconomic factors such as inflation expectations, central bank policies, and geopolitical stability. GLDM's expense ratio is a low 0.10%, costing $10.00 per $10,000 invested annually. The fund has substantial net assets of $32.79 billion, indicating significant investor interest and liquidity. Its sector allocation is concentrated in gold, with 'others' at 1% likely representing operational cash or receivables.",
    "Its performance is driven by the price fluctuations of gold bullion. Sector-wide trends in gold prices are influenced by global economic conditions, inflation hedging demand, and central bank gold reserves. Investors use GLDM as a way to gain exposure to the commodity's price movements, which can be seen as a proxy for the 'earnings' or value appreciation of gold itself.",
    "The primary risk for GLDM is the volatility of gold prices, which can be influenced by a wide range of global economic and geopolitical factors. Concentration risk is also a factor, as the fund's performance is tied almost exclusively to a single commodity. While the expense ratio is low, any significant downturn in the gold market would directly impact the fund's value. Additionally, changes in monetary policy or a strong U.S. dollar can negatively affect gold prices."
   ],
   "tables": [
    {
     "caption": "",
     "columns": [],
     "rows": [
      {
       "label": "Yield",
       "cells": [
        "N/A"
       ]
      },
      {
       "label": "Day High",
       "cells": [
        "$85.27"
       ]
      },
      {
       "label": "Day Low",
       "cells": [
        "$84.53"
       ]
      },
      {
       "label": "52 Week High",
       "cells": [
        "109.74"
       ]
      },
      {
       "label": "52 Week Low",
       "cells": [
        "69.98"
       ]
      }
     ]
    }
   ]
  },
  {
   "id": "technical-indicators",
   "title": "Technical Indicators",
   "text": [
    "Technical Rating Bearish RSI Oversold SMA Cross Bearish Price vs SMA Bullish MACD Neutral Moving averages show a lagging Death Cross (50-day: $84.49, 200-day: $89.65), price sits above the 50-day SMA but below the 200-day SMA - a mixed posture, RSI at 27.6 suggests oversold conditions; potential bounce setup."
   ],
   "facts": {
    "RSI": "Oversold",
    "SMA Cross": "Bearish",
    "Price vs SMA": "Bullish",
    "MACD": "Neutral"
   },
   "tables": [
    {
     "caption": "",
     "columns": [],
     "rows": [
      {
       "label": "RSI (14)",
       "cells": [
        "27.64"
       ]
      },
      {
       "label": "MACD",
       "cells": [
        "-0.03"
       ]
      },
      {
       "label": "SMA 50",
       "cells": [
        "84.49"
       ]
      },
      {
       "label": "SMA 200",
       "cells": [
        "89.65"
       ]
      }
     ]
    }
   ]
  },
  {
   "id": "trade-plans",
   "title": "GLDM Trade Plans",
   "text": [
    "Specific entry, exit, and risk management levels",
    "Lower risk, wait for pullback",
    "Higher risk, immediate entry",
    "Volatility-Adjusted Stop Loss Calculated based on RSI (27.6) and current market volatility",
    "Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3"
   ],
   "facts": {
    "TARGET 1": "$87.47",
    "TARGET 2": "$91.63",
    "TARGET 3": "$95.80",
    "STOP LOSS": "$80.55"
   }
  },
  {
   "id": "seasonality",
   "title": "Seasonal Patterns",
   "text": [
    "Historical monthly performance trends",
    "Based on 3 years of historical monthly returns"
   ],
   "facts": {
    "Average Jan return": "+2.77%",
    "Average Feb return": "+0.78%",
    "Average Mar return": "+0.99%",
    "Average Apr return": "+1.45%",
    "Average May return": "+1.19%",
    "Average Jun return": "-1.91%",
    "Average Jul return": "+2.01%",
    "Average Aug return": "+1.86%",
    "Average Sep return": "-0.56%",
    "Average Oct return": "+1.94%",
    "Average Nov return": "+0.15%",
    "Average Dec return": "+2.20%"
   }
  },
  {
   "id": "risk",
   "title": "Risk & Volatility",
   "facts": {
    "Daily Volatility": "1.73%"
   },
   "lists": {
    "Risk considerations": [
     "Monitor position sizing based on current volatility levels",
     "Consider stop-loss placement beyond recent price range",
     "Diversification helps mitigate single-stock risk exposure"
    ]
   }
  },
  {
   "id": "growth",
   "title": "Growth of $10,000",
   "text": [
    "A $10,000 investment in GLDM in June 2018 would be worth about $33,762 today, compared with about $27,886 for the same investment in the S&P 500 benchmark."
   ]
  },
  {
   "id": "monte-carlo",
   "title": "Monte Carlo Projection (10yr)",
   "text": [
    "CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in GLDM today could grow to about $29,165 by 2036 in the base case, with a bull case near $58,878 and a bear case around $14,447. Projections are statistical simulations, not guarantees."
   ]
  },
  {
   "id": "price-prediction",
   "title": "GLDM ETF Price Prediction: 2030",
   "text": [
    "CleaRank's simulation projects a price near $130 for GLDM by 2030 in the base case, from $85.00 today (1.5x over 4 years). The downside path ends near $83.64. These are outcomes of a Monte Carlo simulation run on GLDM's historical return distribution, not price targets, and they assume no dividends are reinvested.",
    "Method: 10,000 simulated price paths using GLDM's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice."
   ],
   "tables": [
    {
     "caption": "GLDM simulated price paths by year",
     "columns": [
      "Year",
      "Downside (10th pct)",
      "Base case",
      "Upside (90th pct)"
     ],
     "rows": [
      {
       "label": "2027",
       "cells": [
        "$75.76",
        "$94.60",
        "$118"
       ]
      },
      {
       "label": "2028",
       "cells": [
        "$76.90",
        "$105",
        "$144"
       ]
      },
      {
       "label": "2029",
       "cells": [
        "$79.76",
        "$117",
        "$172"
       ]
      },
      {
       "label": "2030",
       "cells": [
        "$83.64",
        "$130",
        "$203"
       ]
      },
      {
       "label": "2031",
       "cells": [
        "$88.33",
        "$145",
        "$239"
       ]
      },
      {
       "label": "2032",
       "cells": [
        "$93.76",
        "$162",
        "$278"
       ]
      },
      {
       "label": "2033",
       "cells": [
        "$99.90",
        "$180",
        "$324"
       ]
      },
      {
       "label": "2034",
       "cells": [
        "$107",
        "$200",
        "$375"
       ]
      },
      {
       "label": "2035",
       "cells": [
        "$114",
        "$223",
        "$434"
       ]
      },
      {
       "label": "2036",
       "cells": [
        "$123",
        "$248",
        "$500"
       ]
      }
     ]
    }
   ]
  },
  {
   "id": "people-also-watch",
   "title": "People Also Watch",
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     "url": "https://clearank.com/etf/ark-innovation-arkk/"
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     "url": "https://clearank.com/etf/fidelity-info-tech-ftec/"
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    {
     "text": "NOBL ProShares S&P 500 Dividend Aristocrats ETF CBOE $56.32 -0.42%",
     "url": "https://clearank.com/etf/nobl-etf-analysis/"
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  },
  {
   "id": "related-comparisons",
   "title": "Compare GLDM",
   "links": [
    {
     "text": "GLD vs GLDM Comparison Head-to-head analysis →",
     "url": "https://clearank.com/compare/gld-vs-gldm/"
    },
    {
     "text": "SOFI vs AFRM Comparison Head-to-head analysis →",
     "url": "https://clearank.com/compare/sofi-vs-afrm/"
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     "url": "https://clearank.com/compare/mpc-vs-psx/"
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  },
  {
   "id": "faq",
   "title": "Frequently Asked Questions"
  }
 ],
 "faq": [
  {
   "question": "What is the expense ratio for GLDM and what does it cost per $10,000 invested?",
   "answer": "The expense ratio for the SPDR Gold MiniShares Trust (GLDM) is 0.10%. This translates to an annual cost of $10.00 for every $10,000 invested in the fund."
  },
  {
   "question": "What sectors does GLDM hold and how concentrated is its portfolio?",
   "answer": "GLDM is a gold-backed ETF, meaning it primarily holds physical gold bullion. Its sector concentration is therefore entirely within the precious metals commodity sector, with minimal allocation to other assets."
  },
  {
   "question": "How has GLDM performed against its category over different timeframes?",
   "answer": "GLDM's trailing returns show it has outperformed its category over 3-year (32.80% vs 17.21%) and 5-year (20.12% vs 12.75%) periods. However, it has underperformed its category year-to-date (5.85% vs 29.92%) and over the past year (32.93% vs 71.37%)."
  },
  {
   "question": "What is the current price prediction for GLDM ETF in 2030?",
   "answer": "Based on Monte Carlo simulations, the projected base price for GLDM in 2030 is $130.43, with a downside projection of $83.64 and an upside projection of $203.38. These are statistical outcomes, not guarantees."
  },
  {
   "question": "What is the current price and technical condition of GLDM?",
   "answer": "As of September 16, 2026, GLDM is trading at $85.00. Its RSI at 27.6, indicating oversold conditions, and it is trading above its 50-day SMA ($84.49) but below its 200-day SMA ($89.65)."
  },
  {
   "question": "What is the dividend yield for GLDM?",
   "answer": "The SPDR Gold MiniShares Trust (GLDM) does not offer a dividend yield; its yield is listed as N/A."
  },
  {
   "question": "What are the main risks associated with investing in GLDM?",
   "answer": "The primary risks include the inherent volatility of gold prices, concentration risk due to its sole focus on gold, and potential negative impacts from changes in monetary policy or a strengthening U.S. dollar."
  }
 ],
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   },
   {
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