This summary was created by AI, based on 2 opinions in the last 12 months.
Experts are in consensus that GLDM is a more accessible option for retail investors compared to GLD, as it holds gold bullion at a lower price level. With recent movement in gold prices and the stability of rates, the stock is gaining attention. Considering world events, experts are suggesting to look at GLDM as a potential investment. In summary, GLDM is seen as a cost-effective and timely option for those considering investment in gold.
Considering world events, gold is a place to look at. GLDM trades like GLD, but charges a lower MER.
Billy Kawasaki’s Insights. A physically held gold fund that holds about 1/10 as much gold per share as GLD, which could be advantageous for small orders. It tracks the gold spot price. It charges one of the cheapest fees at 0.18%. Gold has hit a snag recently, but if you believe that gold could go higher, as do many analysts, then it could be a good choice. Unlock Premium
SPDR Gold MiniShares is a American stock, trading under the symbol GLDM-N on the NYSE Arca (GLDM). It is usually referred to as AMEX:GLDM or GLDM-N
In the last year, 1 stock analyst published opinions about GLDM-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SPDR Gold MiniShares.
SPDR Gold MiniShares was recommended as a Top Pick by on . Read the latest stock experts ratings for SPDR Gold MiniShares.
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.
1 stock analyst on Stockchase covered SPDR Gold MiniShares In the last year. It is a trending stock that is worth watching.
On 2024-08-30, SPDR Gold MiniShares (GLDM-N) stock closed at a price of $49.59.
Like GLD, but at alower price level to make it more accessible to retail investors. This holds gold bullion. Charges a lower MER than GLD. Gold has popped recently as rates stabilize. Gold does well late December into February, but it's starting earlier this year.