This summary was created by AI, based on 2 opinions in the last 12 months.
The SPDR Gold ETF (GLD) offers investors a unique avenue to gain exposure to gold without the complications associated with mining companies. One expert highlighted the significant costs involved in gold extraction, implying that investing in the ETF is a more efficient and potentially less risky way to participate in the gold market. The ETF is particularly advantageous for those looking to capitalize on the current gold rally without the volatility that individual mining stocks may experience. As a liquid and handy option, GLD allows investors to trade in and out easily, making it an attractive choice during times of gold price appreciation. Overall, the sentiment appears to lean towards favoring the ETF for its simplicity and reliability in tracking gold prices directly.
SPDR Gold ETF is a American stock, trading under the symbol GLD-N on the NYSE Arca (GLD). It is usually referred to as AMEX:GLD or GLD-N
In the last year, 6 stock analysts published opinions about GLD-N. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SPDR Gold ETF.
SPDR Gold ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for SPDR Gold ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered SPDR Gold ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-03, SPDR Gold ETF (GLD-N) stock closed at a price of $286.42.
The costs to get gold out of the ground are so high that he prefers holding this ETF and not a company.