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As of September 26, 2026, SPDR Gold Shares (GLD) trades at $393.41. RSI at 38 is in neutral territory, and the price is below its 50-day average of $395.43.

SPDR Gold Shares (GLD)

SPDR Gold Shares NYSE

$393.41 1.720 (0.44%)
At close: Sep 25, 4:00 PM EDT
AI Analyst Consensus
Strong Sell
10 / 100
SPDR Gold Shares (GLD) is an exchange-traded fund designed to track the price performance of gold bullion, less expenses. Managed by State Street Global Advisors, it offers investors a regulated and accessible way to gain exposure to gold through a physically backed commodity product. The fund's strategy is concentrated in allocated gold bars held in secure vaults, making it a single-asset focus within the commodities segment. GLD is frequently utilized for portfolio diversification and liquidity management, serving as a key vehicle for accessing gold price movements in a stock-like format.

GLD Price Analysis

Market Metrics

Open
$392.21
Day Range
$390.05 to $394.22
Prev Close
$391.69
Volume
7.69M
52-Week Range
$333.81 to $509.70
Market Cap
$112.77B

GLD Fund Facts

SPDR Gold Shares is an exchange-traded fund that seeks to reflect the price performance of gold bullion, minus the trust’s expenses. Managed by State Street Global Advisors, the fund provides investors with a straightforward way to access gold through a regulated investment vehicle rather than directly holding physical metal. Its portfolio is concentrated in allocated gold bars held in secure vaults, making it a physically backed commodity product with a single-asset focus.

Issuer
State Street Investment Management
Category
Commodities Focused
Inception
Nov 18, 2004
Expense ratio
0.40%
Net assets
$152.86B
NAV
$403.41
Distribution yield
0.00%
YTD return
5.64%
Turnover
0.00%

Trailing returns vs category

Period GLD Category
YTD 5.64% 29.92%
1 month 13.28% 3.11%
3 months 0.27% 11.90%
1 year 32.54% 71.37%
3 years 32.42% 17.21%
5 years 19.78% 12.75%
10 years 12.85% 7.26%

Fund reference data as of Sep 26, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.

GLD Analysis

AI Technical Analysis Strong Sell
SPDR Gold Shares (GLD) is technically bearish, trading below its 50-day SMA of $395.43 and its 200-day SMA of $416.44. The price is also below its 20-day EMA of $398.49, reinforcing the downward trend. The RSI is at 37.57, indicating bearish momentum, and the Stochastic indicator is at 27.63, suggesting oversold conditions within the bearish trend. The MACD is at -1.82, further confirming bearish sentiment.
ProTips
  • Monitor gold price drivers like inflation expectations and central bank policy for potential trend reversals.
  • Compare GLD's performance against other precious metals ETFs and broader commodity indices.
  • Consider the impact of currency fluctuations on gold prices, as a weaker dollar can often support gold.
  • Evaluate the fund's concentration risk; a single-commodity focus amplifies volatility.
  • Review the expense ratio and compare it to similar gold ETFs for cost efficiency.
Market Outlook
The outlook for SPDR Gold Shares (GLD) is bearish, driven by its current technical weakness and underperformance relative to its category. The fund is trading below critical moving averages, and its RSI indicates bearish momentum. This suggests that the current market environment is not favorable for gold. Investors seeking exposure to gold may want to consider the timing of entry, as the current trend indicates potential for further downside before any significant recovery. Looking ahead 6-12 months, a shift in macroeconomic conditions, such as rising inflation or increased geopolitical uncertainty, could potentially boost gold prices and improve GLD's performance. However, without such catalysts, the bearish technicals and category underperformance are likely to persist, making it a less attractive investment in the short to medium term.

Market Correlations

How this etf moves relative to other assets

Based on 1 year of daily price data. Correlations may vary over different time periods.

S&P 500 (SPY) +0.18
Weak correlation
Nasdaq 100 (QQQ) +0.20
Weak correlation
Bitcoin (BTC) +0.28
Weak correlation
Gold (XAU) +0.98
Strong correlation
Check Custom Correlation

How does any other asset move with GLD? One year of daily closes, Pearson correlation.

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Key Statistics

Net Assets (Market Cap) 112.77B
Yield 0.00%
Day High $394.22
Day Low $390.05
52 Week High 509.70
52 Week Low 333.81
SPDR Gold Shares (GLD) is a physically backed commodity ETF focused solely on gold bullion. Its sector is commodities, specifically precious metals. The fund's asset allocation is 100% in gold, indicating extreme concentration. The overview highlights its role in portfolio diversification and as a market proxy for gold. Given its single-asset nature, sector-wide fundamental analysis is less applicable than understanding the drivers of gold prices themselves, such as inflation expectations, geopolitical risks, and central bank policies.

Earnings & Growth Analysis

However, the performance of gold is influenced by global economic conditions and inflation expectations, which in turn affect the earnings potential of companies within the broader economy. The fund's year-to-date return is 5.64%, significantly underperforming its category's 29.92% return. This divergence suggests that the underlying commodity or the market sentiment driving it is not currently favoring gold relative to other assets in its category.

Key Risks

The primary risk for SPDR Gold Shares (GLD) is its extreme concentration in a single commodity, gold. This makes it highly susceptible to fluctuations in gold prices driven by macroeconomic factors, central bank policies, and geopolitical events. Also, GLD has shown significant underperformance against its category over the past year (32.54% fund return vs. 71.37% category return), indicating a potential rotation away from gold as an asset class or a period of weakness in precious metals.

Technical Indicators i

RSI (14) 37.57
MACD -1.82
SMA 50 395.43
SMA 200 416.44
Technical Rating Bearish
RSI
Bearish
SMA Cross
Bearish
Price vs SMA
Bearish
MACD
Bearish
Moving averages show a lagging Death Cross (50-day: $395.43, 200-day: $416.44), price is trading below the 50-day SMA.

GLD Trade Plans

Specific entry, exit, and risk management levels

Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →

Short entry pick an entry style

Conservative
$401.28
2% above current price
Lower risk, wait for rally
Aggressive
$393.41
Short at current price
Higher risk, chasing the move

Risk Management

STOP LOSS
$413.32
MAX LOSS
-3.0%
Volatility-Adjusted Stop Loss
Calculated based on RSI (37.6) and current market volatility

Profit Targets (Based on Conservative Entry)

TARGET 1
$381.21
-5% (Conservative)
-3.1% (Aggressive)
TARGET 2
$361.15
-10% (Conservative)
-8.2% (Aggressive)
TARGET 3
$341.09
-15% (Conservative)
-13.3% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
ETF Investment Disclaimer
This AI-generated analysis of GLD is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on September 26, 2026.

Growth of $10,000

A $10,000 investment in GLD in September 2016 would be worth about $30,844 today, compared with about $36,004 for the same investment in the S&P 500 benchmark.

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Monte Carlo Projection (10yr)

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in GLD today could grow to about $24,855 by 2036 in the base case, with a bull case near $48,365 and a bear case around $12,773. Projections are statistical simulations, not guarantees.

GLD ETF Price Prediction: 2030

CleaRank's simulation projects a price near $566 for GLD by 2030 in the base case, from $393 today (1.4x over 4 years). The downside path ends near $372. These are outcomes of a Monte Carlo simulation run on GLD's historical return distribution, not price targets, and they assume no dividends are reinvested.

GLD simulated price paths by year
Year Downside (10th pct) Base case Upside (90th pct)
2027 $349 $431 $532
2028 $350 $472 $636
2029 $359 $517 $744
2030 $372 $566 $863
2031 $387 $620 $993
2032 $406 $679 $1,138
2033 $426 $744 $1,299
2034 $449 $815 $1,478
2035 $475 $893 $1,679
2036 $502 $978 $1,903

Method: 10,000 simulated price paths using GLD'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.

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Frequently Asked Questions

What is the expense ratio for SPDR Gold Shares (GLD) and what does it cost per $10,000 invested?
The expense ratio for SPDR Gold Shares (GLD) is 0.40%, which translates to a cost of $40.00 per $10,000 invested annually.
What does SPDR Gold Shares (GLD) hold and which sectors is it concentrated in?
SPDR Gold Shares (GLD) is concentrated in allocated gold bars held in secure vaults, with its asset allocation being 100% in gold. It operates within the commodities segment, specifically focusing on precious metals.
What is the distribution yield for SPDR Gold Shares (GLD)?
SPDR Gold Shares (GLD) has a distribution yield of 0%.
How has SPDR Gold Shares (GLD) performed against its category over the past year?
Over the past year, SPDR Gold Shares (GLD) returned 32.54%, while its category returned 71.37%, indicating underperformance.
What is the price prediction for GLD ETF in 2030?
Based on a Monte Carlo simulation, the base case price for GLD ETF in 2030 is $566.25, with a downside projection of $371.66 and an upside projection of $862.71. These are statistical simulation outcomes, not price targets or guarantees.
What are the key technical indicators for SPDR Gold Shares (GLD)?
SPDR Gold Shares (GLD) shows a bearish technical trend with its price below key moving averages (SMA 50, SMA 200, EMA 20) and a bearish RSI at 37.6.
What is the overview of SPDR Gold Shares (GLD)?
SPDR Gold Shares (GLD) is an ETF that tracks the price performance of gold bullion, minus expenses. It is a physically backed commodity product offering investors a straightforward way to access gold through a regulated investment vehicle.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The ETF analysis and AI-generated insights presented for GLD are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. ETFs are subject to market risk, including the possible loss of principal. ETF performance depends on the underlying index or assets it tracks, and past performance does not guarantee future results. Expense ratios, tracking error, and liquidity vary by fund. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. Market data is provided "as-is" and may be delayed by 15 minutes or more. Investors should read the fund prospectus carefully before investing. Consult a qualified financial advisor for personalized guidance. Analysis generated on September 26, 2026.

Disclaimer:

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