16-May-2025
No press releases found.
Gold hit with biggest weekly drop in nearly four years after U.S.-China trade truce
Seeking Alpha News (Fri, 16-May 5:57 PM ET)
Gold hit with biggest weekly percentage drop in nearly four years on U.S.-China trade truce
Seeking Alpha News (Fri, 16-May 5:57 PM ET)
3 Reasons Why this GLD Bull Put Spread Could be a Good Trade at $1.65
Market Chameleon (Fri, 16-May 12:37 PM ET)
Gold’s Price (GLD) Is Down Nearly 10% as Investors Pile Back into Stocks
TipRanks (Fri, 16-May 11:13 AM ET)
Commodity Roundup: Easing trade concerns temper gold gains; oil set for weekly rise
Seeking Alpha News (Fri, 16-May 6:04 AM ET)
Gold rises as tame economic data boosts chance for Fed rate cuts
Seeking Alpha News (Thu, 15-May 5:43 PM ET)
David Einhorn's DME Capital takes new Dollar Tree stake, exits XRT, RSP, among Q1 moves
Seeking Alpha News (Thu, 15-May 4:35 PM ET)
ETF inflows cut through the noise of market uncertainty as a vote of investor confidence
Seeking Alpha News (Thu, 15-May 11:49 AM ET)
Wells Fargo: U.S. will avoid recession, maintain exceptionalism amid shifting policies
Seeking Alpha News (Thu, 15-May 10:13 AM ET)
GLD Overpriced Credit Put Spread has 50% Yield Potential
Market Chameleon (Thu, 15-May 9:56 AM ET)
The objective of the SPDR Gold Trust is for the Shares to reflect the performance of the price of gold bullion less the Trusts expenses.
SPDR Gold Shares trades on the ARCA stock market under the symbol GLD.
As of May 16, 2025, GLD stock price declined to $294.24 with 12,034,782 million shares trading.
GLD has a beta of 0.16, meaning it tends to be less sensitive to market movements. GLD has a correlation of 0.03 to the broad based SPY ETF.
GLD has a market cap of $95.19 billion. This is considered a Large Cap stock.
In the last 3 years, GLD traded as high as $317.63 and as low as $150.57.
GLD has outperformed the market in the last year with a return of +33.7%, while the SPY ETF gained +13.7%. In the last 3 month period, GLD beat the market returning +10.5%, while SPY returned -2.3%. However, in the most recent 2 weeks GLD has underperformed the stock market by returning -1.3%, while SPY returned +4.8%.
GLD support price is $292.76 and resistance is $302.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GLD shares will trade within this expected range on the day.