No press releases found.
Gold turns higher, silver adds to record run after Fed rate cut move
Seeking Alpha News (Wed, 10-Dec 5:53 PM ET)
Global X launches new gold miners ETF, undercuts GDX, GDXJ, RING and SGDM on expenses
Seeking Alpha News (Wed, 10-Dec 2:57 PM ET)
Global X launches new gold miners ETF amid surging gold prices
Seeking Alpha News (Wed, 10-Dec 2:57 PM ET)
The investment objective of SPDR Gold MiniSharesSM Trust (GLDMSM) is for the Shares of GLDM to reflect the performance of the price of gold bullion, less GLDMs expenses.
SPDR Gold Minishares Trust trades on the ARCA stock market under the symbol GLDM.
As of December 12, 2025, GLDM stock price climbed to $85.10 with 5,615,803 million shares trading.
GLDM has a beta of -0.08, meaning it tends to be less sensitive to market movements. GLDM has a correlation of 0.01 to the broad based SPY ETF.
GLDM has a market cap of $25.36 billion. This is considered a Large Cap stock.
In the last 3 years, GLDM traded as high as $86.75 and as low as $35.23.
GLDM has outperformed the market in the last year with a price return of +60.3% while the SPY ETF gained +14.0%. GLDM has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +17.9% and +2.0%, respectively, while the SPY returned +4.0% and -0.2%, respectively.
GLDM support price is $83.69 and resistance is $85.57 (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 GLDM shares will trade within this expected range on the day.
